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Tag: coal
One of the worlds largest coal companies misled investors about climate change risk
2015-11-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Mother Jones: Climate change could pose a serious risk to investors in publicly-traded fossil fuel companies, as governments around the world move to restrict carbon emissions. Many climate change advocacy groups say those companies have an obligation to their shareholders to be transparent about how demand for their product could diminish in the near future. Although Peabody escaped financial penalties this time around, it could still face litigation from aggrieved shareholders. According to Schneiderman's...
Tags: change
companies
risk
largest
Duke Energy Plans for Gas Plants Instead of Coal, Powerline, Substation
2015-11-09 17:52:00| Transmission & Distribution World
Duke Energy has created a new plan for its proposed infrastructure upgrade for the Western Carolinas in response to community feedback. read more
Australian green group to challenge India-backed coal mine
2015-11-08 19:48:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: An Australian environmental group Monday launched a new legal challenge to a huge, India-backed coal mine, saying the government's recent re-approval of the project failed to consider the impact on the Great Barrier Reef. The Aus$16.5 billion (US$11.6 billion) project in the Galilee Basin in Queensland state has been criticised by environmentalists who say the coal it produces will not only contribute to global warming but will have to be shipped from a port near the World Heritage-listed reef....
Tags: group
green
mine
challenge
Coal port scheme lives in the shadows
2015-11-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Salt Lake Tribune: A thick blanket of smoke has obscured the proposition to loan $53 million in state money to a private company for access to an unbuilt port in Oakland -- coal smoke. The project had shown up on the Utah Permanent Community Impact Board's agenda last April simply as "Infrastructure -- Throughput Capacity." And when Utah's four largest coal-producing counties pushing the loan made their pitch at that meeting, they didn't even use the word "coal." Instead, the backers spent most of their time...
Analysts expect bankruptcy for Arch Coal, a reflection of industry woes
2015-11-08 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
High Country News: Listen to congressional Republicans, and you would think that President Obamas regulations are behind the nosedive the coal industry has taken this year. Alpha Natural Resources filed for Chapter 11 this summer, Arch Coal may follow next. Its stock, which traded as high as $3,600 in 2011 dipped to $1.50 this week. Theres no question that the presidents Clean Power Plan and his other air pollution regulations cloud the future of the industry. But coals bleak present has much more to do with...
Tags: industry
expect
bankruptcy
arch
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