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Tag: coal
Stepping back in time... From cattle to coal
2015-10-07 08:26:01| Railroads - Topix.net
Cattle trails were a lifeline for small upstart towns in the 1800s. The Texas-Montana cattle trail, which brought herds of cattle from west Texas to Wyoming and Montana, crossed Morgan County from south to north and passed through the present City of Brush.
Patriot Coal expects to lay off more than 2,000 workers in Boone and Kanawha counties
2015-10-06 19:29:53| Energy - Topix.net
Kanawha County Commission President Kent Carper says 1,065 workers in his county will lose their jobs. There will be 483 layoffs at Speed Mining LLC in Dawes, 288 at Wildcat Energy in Eskdale, 161 at Midland Trail Energy, 118 at Remington LLC in Eskdale and six at Little Creek Dock in Charleston.
Tags: workers
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Citigroup Announces Financing Cuts for Global Coal Industry
2015-10-06 16:11:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: Citigroup today released a new policy to cut its lending to the global coal mining industry. The bank updated its environmental and social policy framework, stating that it had begun to cut its credit exposure to coal mining and that [g]oing forward, we commit to continue this trend of reducing our global credit exposure to coal mining companies. This is the second major bank to cut financing for coal mining this year after Bank of America announced a similar policy in May, following years of...
Tags: global
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India leads Asia's dash for coal as emissions blow east
2015-10-06 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: India Deep in the thickly forested hills in its east, India last month started production at what it hopes will in five years be Asia's biggest coal mine. At the open-cast mine, which involves the clearing of more than 18,000 hectares (44,500 acres) of land, noisy excavators are busy digging for coal that will feed a huge power plant being built nearby to fuel India's energy-hungry economy. India is opening a mine a month as it races to double coal output by 2020, putting the world's third-largest...
Citigroup, citing climate change, will reduce coal financing
2015-10-06 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Citigroup Inc., the third-biggest U.S. bank, said it will cut back on financing for coal mining projects, in the latest blow to the industry thats viewed as a key contributor to global warming. Citigroup said its credit exposure to coal mining had declined materially" since 2011 and that the trend would continue into the future. The policy applies to companies that use mountaintop removal methods as well as coal-focused subsidiaries of diversified mining companies, according to the New York-based...
Tags: change
reduce
financing
climate
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