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World Bank Closes the Door on Coal Financing

2013-06-28 17:19:00| Climate Ark Climate Change & Global Warming Newsfeed

TckTckTck: From the leaked World Bank report: [The World Bank] will cease providing financial support for greenfield [new] coal power generation projects, except in rare circumstances where there are no feasible alternatives available to meet basic energy needs and other sources of financing are absent. As a powerful funder of global energy projects--the Bank spent $8.2 billion on energy projects in the 2012 fiscal year--this decision is pivotal for shifting global investments away from coal, one of the...

Tags: world door bank financing

 

Obamas climate plan calls for carbon cuts at US coal plants

2013-06-27 10:00:00| Power Technology

US President Barack Obama has launched the country's first national climate action plan and announced new rules to cut carbon emissions from power plants in the country.

Tags: plan calls plants carbon

 
 

John Boehner and Obamas war on coal

2013-06-27 05:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: "The president's announcement yesterday of essentially a national energy tax and the continuation of the war on coal will only make matters worse, putting thousands and thousands of Americans out of work; increasing the cost of electricity, especially in a state like mine, Ohio, where about 95 percent of our electricity comes from burning coal.' -- House Speaker John a. Boehner (R-Ohio), news conference, June 26, 2013 The Fact Checker grew up in Ohio, and so the House speaker's claim that 95 percent...

Tags: john war coal obamas

 

North Queensland Bulk Ports delays $11bn Dudgeon Point coal terminal project

2013-06-27 01:00:00| Ship Technology

North Queensland Bulk Ports (NQBP) has delayed the A$12bn ($11bn) Dudgeon Point Coal Terminals project at Hay Point port in Australia for about a year due to a slowdown in global demand for coal.

Tags: point north project terminal

 

Coal representative says Obama administration may kill industry, Politico says

2013-06-26 19:13:39| Industrial Machines - Topix.net

Stocks with call strike movement; IOC WLT InterOil July 85 call option implied volatility decreased 7% to 75, Walter Energy September 12.5 call option implied volatility decreased 4% to 104 according to IVolatility.

Tags: industry says administration representative

 

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