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RPT-Japans Marubeni to bid for Rio Tinto Australia coal stake -sources

2013-06-13 05:17:20| Grocery - Topix.net

Japanese trading house Marubeni Corp is bidding for a 29 percent stake in Anglo-Australian miner Rio Tinto's Coal & Allied unit, valued at an estimated $2 billion, two sources familiar with the process said.

Tags: australia sources bid rio

 

RPT-Japan's Marubeni to bid for Rio Tinto Australia coal stake -sources

2013-06-13 02:52:39| Chemicals - Topix.net

Japanese trading house Marubeni Corp is bidding for a 29 percent stake in Anglo-Australian miner Rio Tinto's Coal & Allied unit, valued at an estimated $2 billion, two sources familiar with the process said.

Tags: australia sources bid rio

 
 

Coal companies get sweetheart deals on federal leases, shortchange taxpayers

2013-06-12 08:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: As if climate disruption, air pollution, health problems, and landscape destruction werent bad enough, here`s another reason to hate the coal industry: Coal companies are shortchanging U.S. taxpayers out of tens of millions of dollars they should be paying for the rights to mine federal land. A new report [PDF] from the inspector general of the Interior Department reveals that the Bureau of Land Management routinely underestimates the value of coal, letting companies like Peabody and Arch Coal...

Tags: companies deals federal coal

 

British Columbians fear expanding coal industry poses health hazards

2013-06-11 15:36:17| Climate Ark Climate Change & Global Warming Newsfeed

Global News: The expanding coal industry in B.C. is a classic battle between economic benefits and environmental concerns. With 10 existing coal mines in B.C. and eight proposed mining projects, the debate is not going away anytime soon. So, health officials and local governments are working with mining companies to provide more information to the public on air and water pollution and existing safeguards. The Surrey Fraser Docks coal port proposal is at the forefront of the growing debate. According to the...

Tags: health industry british fear

 

EU Should Move Beyond Carbon Market to Shut Coal, IEA Says

2013-06-11 09:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: The European Union needs to think of other ways to prevent new coal-fired power stations from being built because its carbon market wont achieve that this decade, according to the International Energy Agency. Nations should consider measures including bans of new and inefficient plants known as sub-critical, unless they are fitted with carbon capture and storage technology, Maria Van der Hoeven, the executive director of the Paris-based agency that advises 28 developed nations, said today in...

Tags: market move says carbon

 

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