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Australia's drive for coal seam gas raises protests

2016-01-28 22:16:52| BBC News | Business | UK Edition

Australia's controversial drive for coal seam gas

Tags: drive gas coal raises

 

Bankruptcies Won't Necessarily Slow the Coal Glut

2016-01-28 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Production at coal miners that declared bankruptcy in the past four years rose 3 percent on average, through the third quarter, an analysis of four companies by Bloomberg Intelligence shows. Mines formerly owned by James River Coal Co. posted a gain of 31 percent. Stockpiles held by utilities ended 2015 at a six-year high, data from the Energy Information Administration show. Some of the failed companies have restructured debt. Others have sold mines at bargain prices to former rivals. The glut...

Tags: slow necessarily coal bankruptcies

 
 

VIDEO: Australian coal seam gas protest

2016-01-28 03:44:58| BBC News | Business | UK Edition

Activists want to stop coal seam gas exploration in New South Wales to prevent what they say would be an environmental catastrophe.

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Salim snaps up Rio Tinto's stake in NSW coal mine

2016-01-27 17:51:26| Food - Topix.net

The sale by Rio raises to more than $US830 million the miner has raised from the sale of Australian coal mines. Indonesia's powerful Salim group has extended its reach into Australia, this time with the purchase of one of the largest coal mines in NSW from Rio Tinto.

Tags: mine rio coal stake

 

Coal moratorium turns spotlight to oil, gas leases

2016-01-27 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Emboldened by the Obama administration's pause on federal coal leasing, activists and scientists are now urging the government to bring federal oil and gas leasing in line with U.S. climate policy before the president leaves office next January. The federal coal leasing moratorium announced in January marks a major turning point in the federal fossil fuels leasing program because it shows the government is willing to take steps to keep some fossil fuels in the ground as a way to address climate...

Tags: gas oil turns spotlight

 

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