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Tag: coal
US lawmakers seek independent review coal cleanup subsidy
2016-03-08 23:38:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Federal auditors should examine a program that has allowed leading coal companies to lower cleanup insurance costs and could leave taxpayers on the hook if the miners declare bankruptcy, Democratic lawmakers said on Tuesday. Coal companies are responsible for spent mines and they typically use cash, bonds or other financing to cover future cleanup costs. But some of the largest producers use self bonds, which are not backed by concrete collateral, to insure such costs. Regulators worry those...
Tags: review
independent
seek
coal
'The Power is in Our Hands': Virginia Students Protest Coal Ash Dumping
2016-03-08 17:19:11| Waste Management - Topix.net
Protesters also demanded that the director of the Department of Environmental Quality investigate allegations that Dominion illegally dumped millions of gallons of coal-ash water into Quantico Creek last spring. "Repeal Dominion's permits!" protesters shouted in unison on Monday during an hours-long occupation of the Virginia Department of Environmental Quality in Richmond.
Tags: power
students
hands
virginia
TransCanada to end three coal projects in Alberta, citing higher emissions costs
2016-03-07 16:52:52| Oil & Gas - Topix.net
TransCanada plans to terminate purchase agreements from three of its Alberta coal-fired power plants due to the increasing cost of carbon emissions, while continuing its natural-gas and wind-power operations in the province. a TransCanada Corp. says three of its Alberta power plants will become unprofitable as a result of a change in provincial law, so it plans to terminate their power purchase agreements.
Tags: end
costs
higher
projects
JPMorgan to avoid financing coal projects
2016-03-07 16:39:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: Wall Street banking giant JPMorgan Chase said Monday that it would avoid financing new coal projects in advanced economies due to their contribution to global warming. The bank's official Environmental and Social Policy Framework drew a line against supporting new or "greenfield" coal mines in high income countries, or new coal-fired power plants. The Framework also said it will cut back credit support to coal mining companies over the medium term and only back new coal plants in lower-income countries...
Tags: projects
avoid
financing
coal
TransCanada to end three coal projects in Alberta, citing higher emissions costs
2016-03-07 16:04:31| Energy - Topix.net
TransCanada plans to terminate purchase agreements from three of its Alberta coal-fired power plants due to the increasing cost of carbon emissions, while continuing its natural-gas and wind-power operations in the province. a TransCanada Corp. says three of its Alberta power plants will become unprofitable as a result of a change in provincial law, so it plans to terminate their power purchase agreements.
Tags: end
costs
higher
projects
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