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Coal company to lay off 80 percent of its workers, blames Obama

2016-07-03 12:46:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Murray Energy, the largest privately held coal company in the US, is warning workers of massive layoffs planned for September, caused in part, Murray claims, by Obamas environmental regulations. As many as 82 percent of workers could lose their jobs at the company that employs people across six states. When the up to 4,400 laid-off people turn up to the polls to elect their next president two months later, theyll have to weigh two responses to the decline of their industry: an attempt to go...

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Australia: 'Sleeper issue' of leaking coal seam gas fields may blow hole in emissions goals

2016-07-03 11:15:00| Climate Ark Climate Change & Global Warming Newsfeed

Age: Locals say the bubbling of the Condamine River, which was highlighted when Greens MP Jeremy Buckingham set fire to it on Friday, is caused by a nearby CSG operation. Gas has long been touted as cleaner than coal and marketed as a "transition" fuel until the mass take-up of renewable energy becomes viable. But a growing chorus of voices from Australia and overseas is warning that any perceived benefits could easily be lost with just small leakages. Professor Peter Rayner from the University...

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Sweden backs Vattenfall exit from German coal unit

2016-07-02 20:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Sweden ga­ve the green light Saturday for state-owned energy giant Vattenfall to sell its German coal operations, as the company moves away from activities blamed for climate change. The coal operations, employing 8,000 people, represent about one-tenth of Vattenfalls power production in Germany, where it is the third-largest energy supplier. The government supports the proposed transfer of Vattenfalls coal operations, said industry minister Mikael Damberg. Vattenfall is on the way...

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'Sleeper issue' of leaking coal seam gas fields may blow hole in emissions goals

2016-07-02 09:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Border Chronicle: 'Sleeper issue' of leaking coal seam gas fields may blow hole in emissions goals Queensland's coal seam gas industry now has more than 7000 wells. Photo: Saah Moles, Wilderness Society CSG has its protesters now before fugitive emissions are known. Photo: Andrew Quilty The industry says just 0.02 per cent of the gas developed vents as methane to the atmosphere. Photo: Glenn Hunt LNG exports were worth $16.9 billion in 2014-15, APPEA says. Photo: Stephanie Kelly Chinchilla community...

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Stop spreading misinformation on coal demand

2016-07-01 12:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: In their book Climate Change, Capitalism and Corporations, published prior to the Paris climate change meeting last December, Chris Wright and Daniel Nyberg highlighted how the dominance of neoliberalism in recent decades has locked the global economy on to a path of creative self-destruction, built around the oxymoron of green capitalism. Events since Paris have confirmed their thesis. Just before Paris, the New York state attorney general, via the US Securities and Exchange Commission, secured...

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