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Tag: coal
INSIGHT-Funds feel heat of coal and tar divestment drive
2015-05-26 12:43:24| Oil & Gas - Topix.net
For Rivka Micklewaite and fellow students, securing a pledge this week from Oxford University to avoid direct investments in companies producing coal or tar sands is just the beginning. Getting that commitment involved a two-year campaign during which they staged a "marriage" between the 900-year-old university and "Big Oil" before breaking it up, to symbolise the need to end investment in fossil fuels, Micklewaite said.
Coal in Alabama: What you need to know
2015-05-26 07:32:21| Industrial Machines - Topix.net
While millions across the country fired up charcoal grills over Memorial Day weekend, coal producing firms around Alabama continued to take a beating. Hoover-based Walter Energy Inc. is not the only American coal producer reeling from the economic downturn, but the state's 13th largest publicly-traded company did recently announce the possibility of up to 370 layoffs across its Alabama footprint.
Coal retirements to more than double under Clean Power Plan
2015-05-25 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
EnergyWire: A new analysis from the federal government's energy statisticians finds the Obama administration's plan to reduce the power sector's heat-trapping carbon emissions would raise electricity prices 4.9 percent above their current trajectory by 2020. The Energy Information Administration will release projections today that the draft rule would spur a quick wave of coal plant retirements -- 90 gigawatts, rather than 40 GW, between 2014 and 2040. Most of the power plant retirements would happen by 2020,...
Electric power association pulls out of deal with flagship Southern Co. coal project
2015-05-25 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
ClimateWire: An agreement by Mississippi electric power cooperatives to cost-share 15 percent of Mississippi Power Co.'s $6.2 billion "clean" coal plant in Kemper County has been scuttled after the cooperatives' power purchasing entity decided the power to be delivered from the Kemper plant would be too costly. Cost overruns for the Kemper County Energy Facility, which will use integrated gasification combined cycle technology to convert coal to gas while also capturing a portion of the plant's carbon dioxide...
Tags: power
project
association
deal
Australia: Moses and Paul Obeid targeted by ACCC over Hunter coal licence
2015-05-25 07:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Two members of the Obeid family are facing legal action in the federal court over alleged rigging of the tender for the Mount Penny coal exploration licence in the upper Hunter region of New South Wales. Moses and Paul Obeid, sons of the former NSW Labor minister Eddie Obeid, and three prominent businessmen are the target of civil proceedings launched by the Australian Competition and Consumer Commission (ACCC). The action follows Icacs findings in 2013 that the process to grant exploration...
Tags: paul
australia
hunter
targeted
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