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Tag: coal
Why coal and many oil investments are losing luster
2014-02-24 07:54:00| Climate Ark Climate Change & Global Warming Newsfeed
CNN: Many who worry about climate change have long been puzzled by the hundreds of billions of dollars that coal, oil, and gas companies routinely spend on developing their reserves, and finding and developing new reserves. These investments seem unstoppable, despite countless warnings that carbon emissions damage the global environment and economy. Recently, however, key investors have pulled back on investments in coal and oil -- an unfolding trend that could potentially help negotiators working...
Tags: oil
investments
losing
coal
Has China's coal boom hit the buffers?
2014-02-24 01:34:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: In what could prove to be one of the most significant developments for the fight against climate change in years, new figures have confirmed that growth in Chinese coal consumption stalled last year. State media agency Xinhua reported late last week on new figures from the China National Coal Association (CNCA) confirming that coal consumption in the country rose by 2.6 per cent last year to 3.61 billion tonnes. The slowdown represents a drastic change for a market that has been used to double-digit...
Toxic Leak Taints North Carolina Coal Plants, And Regulators
2014-02-20 09:45:00| Climate Ark Climate Change & Global Warming Newsfeed
National Public Radio: A broken pipe funneled 30,000 tons of toxic coal ash into the Dan River in North Carolina earlier this month, turning it gray. The pipe has been plugged, but the spill has reignited a fight over storage of coal ash, and scrutiny of the state regulators responsible for monitoring it. The U.S. Justice Department began a criminal investigation into North Carolina's coal ash ponds and the state's environmental officials last week. The inquiry widened Wednesday, The Associated Press reports, as federal...
Tags: north
carolina
north carolina
plants
The Coal Plant an Illinois Town Couldn't Give Away
2014-02-20 08:04:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: How much is an old coal power plant worth? With natural gas production booming and environmental rules looming, in Illinois the answer is clear: It can be hard to even give one away. For evidence, look to the E.D. Edwards power plant, built in 1960 close to the coal mines south of Peoria. While it pumped out electricity for once-booming steel mills and distilleries, the plant cruised along and avoided spending the millions of dollars to install a scrubber on its smokestack. And so Edwards,...
Federal prosecutors file new subpoenas in widening criminal probe of NC coal ash spill
2014-02-19 23:50:39| Energy - Topix.net
Federal prosecutors widened their investigation triggered by a massive coal ash spill in North Carolina, demanding reams of documents and ordering nearly 20 state environmental agency employees to testify before a grand jury.
Tags: file
federal
criminal
probe
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