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Tag: coal
After calamitous year for coal, U.S. consumers hold key for rails
2015-09-28 07:55:49| Railroads - Topix.net
Investors in U.S. railroad stocks, who have been punished in 2015 by an accelerating decline in high-margin coal shipments, now are pinning their long-term hopes on a resurgence in consumer spending. Their bet is that a strengthening economy will produce enough demand that railroads will be able to replace the income lost to years of declining coal use with so-called intermodal shipping - the movement of containers stuffed with clothing, furniture and other consumer goods.
Divestment efforts starting to hit coal and oil firms
2015-09-27 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Pension funds and other institutional investors are growing wary of an increasing "carbon risk" faced by coal and oil companies which confront a divestment movement that has gone mainstream and an uncertain future of climate-related regulations. Investors managing some $2.6-trillion (U.S.) in assets have signalled their intention to shift focus away from fossil fuels, a report released at a United Nations climate session this week states. And resource companies will likely face more bad news later...
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starting
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oil
Coal is terminal, so don't invest in coal terminal
2015-09-26 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Salt Lake Tribune: So. A Utah state agency wants to get into investing in the future of coal. With taxpayers money. There should be lots of room in that market, seeing as how no less a Wall Street icon than Goldman Sachs has announced that it is getting out, and most of the smart money is likely to follow. Goldman saw the subprime mortgage meltdown coming back in 2007 and bailed out, making billions for itself. Which was good. The company, though, continued to sell mortgage-backed securities to others, touting...
Tags: terminal
invest
coal
coal terminal
Duke Energy to Move 1.2 Million Tons of Coal Ash to Landfill
2015-09-24 21:17:00| Waste Age
MyFox8.com Duke Energy is taking steps to ensure that a coal ash spill like that of Feb. 2014 never happens again. read more
If Australia wins on coal, Norway loses on climate
2015-09-24 11:10:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: In the lead up to the Paris climate talks in December the Kiribati President, Anote Tong, has recently demanded a global and immediate moratorium on all new coal mines and coal mine expansions, and has called on all State leaders to back his call to action. The President of this low lying island state in the Pacific, already suffering the severe impacts of climate change, has written to the Prime Minister of Norway asking for her support for a moratorium on new coal mines. So far at least 11 other...
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australia
norway
climate
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