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As China's Coal Industry Struggles, An Opportunity Aid the Climate Emerges

2015-09-23 15:34:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Across China's grimy coal heartland, mines have fallen silent, reduced production or shut down. Miners, owners and officials here wonder whether boom times will return for the "black gold" that has fed the nation's craving for cheap but dirty energy. "I think it's finished," said Wang Jinwang, a longtime miner whose salary has been cut by one-fifth. China's coal consumption weakened last year and through the first half of this year, largely because of a slowing economy, according to statistics...

Tags: industry opportunity aid climate

 

Usibelli mine says it won't export coal for the rest of the year

2015-09-23 07:30:10| Railroads - Topix.net

Exports from Usibelli, the only operating coal mine in Alaska, will come to a halt for the rest of the year as sustained drops in global price and demand force the temporary closure of the coal loading facility in Seward, officials from the mine announced on Tuesday. As exports have slowed in the past year, the number of workers at the facility has dwindled to eight and the company is planning additional layoffs.

Tags: the year rest export

 
 

Diamond, Rock, Or Coal? No. 3: DXP Enterprises

2015-09-22 19:00:46| Industrial Machines - Topix.net

However, the necessity of maintenance products and services means that the company will not experience a catastrophic decline in sales. Some of the best opportunities exist in a basket of underperforming stocks.

Tags: rock enterprises diamond coal

 

Swedish utility Vattenfall sells German coal plants

2015-09-22 17:15:08| Appliances - Topix.net

Stockholm a Vattenfall AB says it is selling off its German coal plants, a major source of greenhouse gases, and its mining assets as the Swedish utility seeks to adjust its energy strategy. The company says potential buyers can bid for four power plants as well as corresponding mining activities.

Tags: german plants utility swedish

 

Coal Ash Flowing Into Groundwater, Milliken Creek in New York

2015-09-21 15:29:00| Waste Age

Ithaca Journal Coal ash sitting dormant in an unlined portion of the landfill near the Cayuga Power Plant has been seeping into groundwater for nearly 30 years. read more

Tags: new york creek coal

 

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