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'Social Cost of Carbon' Draws Coal, Oil Industry Lobbying

2013-08-06 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Hill: A once-obscure metric of carbon emissions toll is becoming the talk of K Street or at least a corner of it. Two oil companies and big coal producer have begun lobbying on the social cost of carbon, signaling increased interest and concern over how regulators calculate the benefits of avoided pollution. Second-quarter lobbying filings show that coal giant Peabody Energy, oil-and-gas producer Marathon Oil Corp. and refiner Tesoro Corp. all list the topic among their lobbying issues. Their filings...

Tags: social cost industry oil

 

Coal at Risk as Global Lenders Drop Financing on Climate

2013-08-06 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The worlds richest nations, moving to combat global warming, are cutting government support for new coal-burning power plants in developing countries, dealing a blow to the worlds dominant source of electricity. First it was President Barack Obama pledging in June that the government would no longer finance overseas coal plants through the U.S. Export-Import Bank. Next it was the World Bank, then the European Investment Bank, dropping support for coal projects. Those banks have pumped more than...

Tags: on global risk drop

 
 

South Africa Power Plants Seen at Risk of Coal Shortfall by 2015

2013-08-05 06:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: South Africa needs to invest as much as 90 billion rand ($9 billion) in new coal mines to supply power plants that are at risk of running short of the fuel as soon as 2015, an industry study found. While some of the growing demand from power stations can be satisfied by extending current coal projects, the majority will need to be met from new mines, the Green House, a Cape Town-based consultant, said in its Coal Roadmap report obtained by Bloomberg. Disagreement between mining companies and state...

Tags: power south risk africa

 

IEPA asked to toughen Waukegan coal plant permit

2013-08-02 18:27:54| Energy - Topix.net

The permit is issued under a federal program and limits the temperature of water and the levels of pollutants that can be discharged after cycling through the plant, but critics say it doesn't go far enough.

Tags: asked plant permit coal

 

First Ever Lawsuit Challenges Taxpayer Financing of Coal Exports

2013-08-02 16:17:00| Climate Ark Climate Change & Global Warming Newsfeed

EarthJustice: Environmental groups filed the first ever lawsuit on Wednesday challenging the federal governments financing for the export of Appalachian coal from the U.S. The U.S. government approved this financial support for coal exports without considering the increased toxic air and water pollution that could affect communities near the mines and ports, and along the railways that connect them. The groups filing the lawsuit charge that the U.S. Export-Import Bank (Ex-Im Bank) violated federal law by providing...

Tags: challenges financing coal exports

 

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