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Tag: coal
Duke top executive says she's working to clean up coal ash pits; protesters interrupt meeting
2015-05-07 21:15:10| Energy - Topix.net
Duke Energy's chief executive officer says she's taken steps over the last year to address pollution problems at the company's coal ash pits. Lynn Good told shareholders Thursday that Duke has learned a lot from last year's coal ash spill that coated 70 miles of a North Carolina river in toxic sludge.
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working
meeting
executive
Coal investments are increasingly risky say Bank of America
2015-05-07 16:43:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: Coal mining companies pose an increasingly risky investment, according to the Bank of America, which has said it will continue to reduce its financing of the sector. The dynamics around coal are shifting, said the banks new coal policy published on Wednesday, which cited pollution regulations, changes in economic conditions, increased competition from shale gas and renewable power. Analysts from the thinktank Carbon Tracker warned recently that the coal sector in the US had entered a structural...
Tags: america
bank
investments
increasingly
Bank of America to reduce exposure to coal to help climate change efforts
2015-05-07 13:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The Bank of America has confirmed that it will reduce its exposure to coal mining companies, noting that such investments are becoming increasingly risky and that the institution has a responsibility to help mitigate climate change. The statement was released at the banks annual shareholder meeting, with the new policy focussing on three elements reducing exposure to coal extraction firms, supporting carbon capture and storage technology, and adopting leading practices for managing environmental...
Tags: change
america
bank
reduce
Rival plans submitted for coal firm
2015-05-07 12:22:25| BBC News | Business | UK Edition
A group of Asian investors has submitted a bid to acquire Indonesian coal miner Asia Resource Minerals.
Tags: plans
firm
submitted
coal
Australia must reduce reliance on coal
2015-05-06 10:03:00| Climate Ark Climate Change & Global Warming Newsfeed
Australian Broadcasting Corporation: Australia must move away from its reliance on coal, says the United Nations' top climate negotiator Christiana Figueres. The executive secretary of the UN's Framework Convention on Climate Change spoke to delegates at the Australian Emissions Reduction Summit in Melbourne on Wednesday. She said peak global emissions had to be reached within the next 10 years so the reduction could begin and climate neutrality could begin in the second half of the century. In her first major interview since...
Tags: australia
reduce
reliance
coal
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