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Arch Coal files for Chapter 11 bankruptcy protection

2016-01-11 17:07:53| Energy - Topix.net

The coal industry is struggling as electric power companies shift to using natural gas, which costs less than coal and produces less pollution. Other coal companies have filed for bankruptcy protection recently, including Alpha Natural Resources Inc. and Patriot Coal Corp. Arch Coal warned late last year that it may file for bankruptcy protection.

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U.S. Coal Production Dropped to 30-Year Low in 2015

2016-01-09 00:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Coal production in the U.S. has dropped to its lowest level in 30 years thanks in part to low natural gas prices and climate policies encouraging utilities to switch to natural gas to generate electricity. It was 1986 when coal production in the U.S. was as low as it is today, according to U.S. Energy Information Administration data released Friday. Coal is the largest single source of greenhouse gas emissions driving climate change. Burning natural gas to generate electricity emits about half...

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Has Obama Killed Off the Coal Industry?

2016-01-07 23:31:25| Railroads - Topix.net

Murray Energy Founder and President Robert Murray discusses the politics of the coal industry. He speaks on "Bloomberg Markets."

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Solar gaining on coal in India

2016-01-07 16:02:00| Climate Ark Climate Change & Global Warming Newsfeed

Environmental News Network: A KPMG study shows that the cost of solar power in India, revealed by public auctions, is barely half a cent above that of cheap local coal , writes Chris Goodall, with generators bids falling well below 5p (UK) / 7 (US) per kWh. The idea put about at COP21 that India and other poor but sunny countries need coal to develop their economies is fast running out of steam. When the accountants have fully loaded the network and other costs PV ends up as very slightly cheaper than using lndian-mined coal....

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Norfolk Southern: 38 conductors laid off due to coal decline

2016-01-06 17:07:16| Railroads - Topix.net

This Oct. 23, 2014, file photo shows a Norfolk Southern locomotive on Chicago's south side. Canadian Pacific has revised its takeover bid for Norfolk Southern, saying that it should ease fears that the railroad deal would be shot down by regulators.

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