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Weak Coal Market To Probably Take Toll On Arch's Performance In Near Term

2014-12-18 19:06:01| Industrial Machines - Topix.net

The ongoing downturn in the Coal Industry has adversely affected Arch Coal's performance. ACI is the most diversified coal producer in the U.S., with exposure to both thermal and met coal operations.

Tags: market term performance toll

 

China's largest coal power plant violating air pollution levels every week

2014-12-18 06:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Chinas largest coal-fired power plant has been violating national emission standards for chemicals that cause dangerous fine particulate matter pollution, official figures show. The Waigaoqiao coal-fired power plant located in Shanghai has been violating Chinas national standards for nitrogen oxides every week since new standards came into force in July, according to analysis of publicly available government data by researchers at Greenpeace East Asia. The data shows that phase two of the...

Tags: power week air levels

 
 

Remote Alaskan town is the canary in the US climate change coal mine

2014-12-17 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Inhabit: The town of Shishmaref, Alaska lies on an island 30 miles south of the Arctic Circle and next to the Chukchi Sea. Its residents, Native Alaskan Inupiaq people, can really see Russia from their house! However, the rapidly changing climate, which is changing faster in Alaska than anywhere else in the nation, is keeping the Chukchi Sea from freezing as early as it used to leaving the shoreline exposed to fall and winter storms. It`s also melting the permafrost upon which the town`s nearly 600 residents...

Tags: change town mine remote

 

California pensions should divest coal assets -state senate leader

2014-12-17 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: California pension plans would divest all assets related to the coal industry under a measure the leader of the state senate said he will propose to reduce support for an industry that critics blame for contributing to climate change. Senate President Pro Tem Kevin de León said on Monday he would introduce a bill that would require state pension plans to divest from coal assets. He had just returned from United Nations talks in Lima, Peru on international efforts to fight climate change. At the...

Tags: state california leader assets

 

News of CALPERS Potentially Divesting its Coal Assets Overdone

2014-12-17 01:03:07| Industrial Machines - Topix.net

On December 15, news outlets announced that a California state senator might propose a bill in January that would require the California Public Employees' Retirement System to divest of its holdings in companies that produce coal. According to a Bloomberg article, CALPERS has $5.2 million worth of coal master limited partnership Alliance Resource Partners .

Tags: news assets potentially coal

 

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