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Amid coal market struggles, less fuel worth mining in US

2016-02-23 00:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Vast coal seams dozens of feet thick that lie beneath the rolling hills of the Northern Plains once appeared almost limitless, fueling boasts that domestic reserves were sufficient to power the U.S. for centuries. But an exhaustive government analysis says that at current prices and mining rates the country's largest coal reserves, located along the Montana-Wyoming border, will be tapped out in just a few decades. The finding by the U.S. Geological Survey upends conventional wisdom...

Tags: us market worth fuel

 

Lawmakers warned on coal investments

2016-02-20 06:52:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Environmental activist and writer Bill McKibben says Vermont lawmakers should consider the broader financial implications of the states investments as it considers whether to divest from some or all fossil fuel companies. He was among those testifying Friday afternoon at a joint hearing of two legislative committees that also heard state Treasurer Beth Pearce insist that lawmakers not interfere in decisions she said were best left to the committee that oversees the states retirement funds. McKibben,...

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Railroads Close Tracks, Cut Jobs Across the Country as Coal Cools Off

2016-02-19 00:36:11| Railroads - Topix.net

Working in or around Conway Terminal, the sprawling testament to the might of the U.S. freight railroad system, it might be easy to forget the storm of troubles brewing at Norfolk Southern Corp. The Virginia-based rail carrier has long experienced the booms and busts of products and commodities in the broader U.S. economy, and so have its workers at Conway Terminal, one of the largest rail yards in the country that hugs the Ohio River in Beaver County. But the recent and historic decline of coal - long the most important commodity hauled through Pennsylvania - has represented a significant hit for the financially ailing Norfolk Southern, which owns Conway and all the traffic that moves through it.

Tags: off close country jobs

 

If Coal is Dead, Will Our Existing Transmission Grid Follow?

2016-02-18 18:07:22| Transmission & Distribution World

Will the grid go the way of coal? read more

Tags: follow existing dead transmission

 

Converting coal plants: are the environmental rewards worth the investment?

2016-02-18 01:00:00| Power Technology

As power companies come under increased pressure to reduce carbon emissions, many are seeking permit changes to repurpose carbon intensive coal-fired power plants into less polluting gas-fired or biomass-powered plants. But what are the challenges in

Tags: the worth investment environmental

 

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