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Keyword: coal

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  • Colorado’s skyrocketing electricity prices could get much worse

    11/26/2015 7:59:46 PM PST · by george76 · 49 replies
    Independence Institute ^ | November 24, 2015 | michael
    The cost of electricity for Colorado residents skyrocketed 63 percent between 2001 and 2014, far outpacing median income in the state at just 24 percent over the same time period ... Retail residential electricity rates increased from 7.47 cents per kilowatthour in 2001 to 12.18 cents per kilowatthour by 2014, a 63.1 percent hike. Coloradans median income, however, went up just 24.1 percent, from $49,397 to $61,303. Median income in Colorado actually declined between 2008 and 2012. ... Not to mention the state's many business owners, including small business owners, who face the same hikes in energy costs that could...
  • UK to Close All Coal-Fired Power Plants by 2025

    11/19/2015 5:08:30 AM PST · by thackney · 24 replies
    Power Engineering ^ | 11/18/2015 | Aaron Larson
    In a major speech setting out the future direction of the UK's energy policy, Energy and Climate Change Secretary Amber Rudd announced plans to restrict the use of the country's coal-fired power stations by 2023 and close all of the facilities by 2025. "Frankly, it cannot be satisfactory for an advanced economy like the UK to be relying on polluting, carbon intensive 50-year-old coal-fired power stations," Rudd said while speaking in London before the Institution of Civil Engineers. "We need to build a new energy infrastructure, fit for the 21st century." Rudd said that even with huge growth in its...
  • Berlin props up coal with €3 billion in subsidies

    11/13/2015 8:32:25 AM PST · by Olog-hai · 13 replies
    TheLocal.de ^ | 13 Nov 2015 11:00 GMT+01:00 | (AFP)
    A new report reveals that Germany is subsidizing coal with more than 3 billion in public funds a year, even given the country's commitment to cutting carbon emissions. EU states are subsidizing climate-harming coal to the tune of 10 billion ($10.7 billion) a year, according to a German study due to be released next week. In Germany alone, the coal sector receives 3.7 billion of public money annually, according to the study by think tank the Heinrich Boell Foundation and environmental group Friends of the Earth, which gave excerpts to AFP. ...
  • Railroads Hit By Falling Oil And Coal Production

    11/12/2015 3:02:20 PM PST · by bananaman22 · 5 replies
    Oilprice.com ^ | 12-11-2015 | Thomas The Tank
    According to the Association of American Railroads shows that rail traffic continues to slow down, as shipments of a range of commodities are sharply lower from a year ago. New data shows fewer shipped cargoes of coal, grain, metals, and oil across the United States in early November. For example, coal shipments are down 9.7 percent year-to-date compared to the same period in 2014. Cargoes of oil and other petroleum products are also down 7.7 percent over the same timeframe. For coal, the slowdown is due to dramatic fall off in coal production. As more and more coal plants are...
  • EPA seeks to block chief's deposition in coal lawsuit

    11/11/2015 11:25:03 AM PST · by jazusamo · 12 replies
    The Hill ^ | November 11, 2015 | Devin Henry
    The Environmental Protection Agency is working to block a deposition for administrator Gina McCarthy as part of a coal industry lawsuit. In a Tuesday court filing, the EPA asked the U.S. Court of Appeals for the Fourth Circuit to block a scheduled deposition in a case brought against the agency by coal giant Murray Energy Corp. Murray has sued the EPA over its rules agenda, arguing that the agency doesn't properly consider the job impact of its regulations before issuing them. It has petitioned to have McCarthy deposed in the case, something scheduled for later this month. The EPA has...
  • Obama Leads But No One Follows In Climate Change Fight

    11/08/2015 6:20:09 AM PST · by george76 · 48 replies
    Energy: The resident wants to decarbonize the planet by killing fossil-fuel production and its high-paying jobs. Almost no other nation is following his lead despite the promises that will be made at the Paris climate summit. Last week we learned in a Reuters report that Asia will build 500 coal-burning electric generation plants this year alone. An additional 1,000 are planned in China, India, Japan, Indonesia and other countries. The latest projections are that 40% of the added power generation in Southeast Asia by 2040 will be coal-fired. Does this sound like a continent that's taking the alarm bells of...
  • China Burns Much More Coal Than Reported

    11/04/2015 5:58:09 PM PST · by Lorianne · 22 replies
    New York Times - CNBC ^ | 03 November 2015 | Chris Buckley
    China, the world's leading emitter of greenhouse gases from coal, is burning far more annually than previously thought, according to new government data. The finding could vastly complicate the already difficult efforts to limit global warming. Even for a country of China's size and opacity, the scale of the correction is immense. China has been consuming as much as 17 percent more coal each year than reported, according to the new government figures. By some initial estimates, that could translate to almost a billion more tons of carbon dioxide released into the atmosphere annually in recent years, more than all...
  • Extreme Much? Che Guevara Tribute Kicks Off National Environmental Summit

    11/03/2015 11:41:09 AM PST · by george76 · 35 replies
    The Steamboat Institute ^ | November 2nd, 2015 | Simon Lomax
    It's no secret that many U.S. environmental groups have become more strident and ideological during the Obama residency. But you may be surprised just how extreme they have become. In early October, a national network of environmental groups - called Stop the Frack Attack (STFA) - held a summit in Colorado to discuss their campaign strategies. The STFA alliance is led by Earthworks and includes other well-known national activist groups, such as the Sierra Club, Natural Resources Defense Council and Food & Water Watch. Dozens of smaller groups, which routinely serve as the face of national groups in state- and...
  • After decades of shipments, last coal ship scheduled to arrive in Muskegon

    11/02/2015 7:17:23 AM PST · by thackney · 32 replies
    MLive ^ | November 01, 2015 | Stephen Kloosterman
    The last shipment of coal to a soon-to-be shuttered Consumers Energy Plant in Muskegon is scheduled to arrive Nov. 8. For more than 25 years, 1,000-foot ships have been regularly rolling into the Port of Muskegon with coal for Consumers' B.C. Cobb energy plant. The last such ship to deliver coal to Consumers in Muskegon will be the James R. Barker, a spokesman wrote in an email. "The Barker is scheduled to be loaded with 58,000 tons of coal in Superior, Wisconsin, on Nov. 5," wrote Consumers spokesman Roger Morgenstern. "After the ship is loaded and underway, we will have...
  • Coal mine expansion stalls in lawsuit citing climate change ( Montana: WildEarth Guardians )

    10/31/2015 9:53:17 AM PDT · by george76 · 20 replies
    Pittsburgh Post-Gazette ^ | October 26, 2015 | MATTHEW BROWN
    Judge stalls approved Montana coal mine expansion in 2nd successful suit citing climate change. The U.S. Interior Department should not have approved the expansion of a southeastern Montana coal mine without taking a closer look at its effect on the environment, a federal judge said about a lawsuit arguing the government ignored coal's contributions to climate change. Environmental groups sued the Interior Department after it approved an expansion of the Spring Creek Coal mine in 2012. The case marks the second time conservationists have used worries over climate change to successfully challenge approval of a coal mine after it had...
  • Fracking topples old King Coal

    10/28/2015 6:50:27 AM PDT · by thackney · 12 replies
    Washington Examiner ^ | 10/26/15 | JOHN SICILIANO
    King Coal may be losing its throne sooner than expected, as the U.S. goes through a change in how it gets the bulk of its electricity. The change is not coming from solar and wind as environmental groups would like to believe, although renewables are growing. The big switch is coming from natural gas produced from fracking shale rock deep underground. Natural gas is replacing coal as the dominant way Americans receive electricity to power everything from their lights to their iPhones to the big screen televisions. It is cheaper than coal, which is why natural gas power plants are...
  • The fiery world before dinosaurs: New research reveals fires were more common

    10/27/2015 12:40:54 PM PDT · by JimSEA · 32 replies
    Science Daily ^ | 10/26/205 | University of Royal Holloway London
    Scientists from the Department of Earth Sciences at Royal Holloway, University of London together with colleagues from the USA, Russia and China, have discovered that forest fires across the globe were more common between 300 and 250 million years ago than they are today. This is thought to be due to higher level of oxygen in the atmosphere at that time. The study which was published in the journal Frontiers in Plant Science, found that peats that were to become coal contained high levels of charcoal that could only be explained by the high levels of fire activity. The team...
  • Win Scholarship $-TX Energy Council; Energy in Depths Everley-UNTs Ozone Study; WV Coal & NatGas

    10/26/2015 2:42:38 PM PDT · by RaceBannon
    The Jacki Daily Show ^ | 10/25/15 | The Jacki Daily Show
    Today, Glenn Gantt of the TX Energy Council tells us all about the college scholarships they are giving away to students entering the energy sector, especially petroleum and chemical engineers.Then, Steve Everley of Energy In Depth talks about the Obama Administration's new ozone rules and why we should look carefully at who funds the studies to support this policy. Then, we talk with Rob Capehart, former Secretary of Tax and Revenue for WV about how coal and natural gas funds most of the state budget, and job retraining for coal miners who transition to natural gas extraction.
  • Californias Hidden Coal Use

    10/25/2015 8:14:52 AM PDT · by thackney · 15 replies
    Institute for Energy Research ^ | OCTOBER 22, 2015 | Institute for Energy Research
    Californias politicians would like you to believe that their electricity comes from non-coal sources. However, while there are very few coal plants in California, making up only 0.4 percent of the states generation in 2014[i], California imports electricity from neighboring states and as much as half of Southern Californias electric generation comes from coal-fired generating plants in Utah, New Mexico, and Arizona.[ii] Although California is pushing electric vehicles, wanting 1.5 million on the road by 2025,[iii] the greenhouse gas savings from their use will be minuscule if electricity continues to be generated mainly from imports of coal-fired generation and natural...
  • Why One of the Worlds Top Physicists Signed a Petition Against Climate Alarmism

    10/16/2015 8:47:01 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | October 16, 2015 | Calvin Beisner
    Why did one of the world's top physicists—ever—sign the Cornwall Alliance for the Stewardship of Creation's Open Letter to Pope Francis on Climate Change, which challenges climate alarmism, though he's a liberal, a Democrat, likes President Obama, and has a strong background in climate science? His interview with the UK Register and his foreword to a new study titled Carbon Dioxide: The Good News reveal some of his reasons. Freeman Dyson believes increasing atmospheric CO2 content does more good than harm and that President Obama "chose the wrong side" in the climate debate. He explains that climate change "is not a...
  • Rockefeller won't seek re-election

    01/11/2013 7:23:31 AM PST · by rightwingintelligentsia · 12 replies
    AP via MSNBC ^ | January 11, 2013 | JOHN RABY, LAWRENCE MESSINA
    CHARLESTON, W.Va. U.S. Sen. Jay Rockefeller, who came to West Virginia as a young man from one of the world's richest families to work on antipoverty programs and remained in the state to build a political legacy, announced Friday he will not seek a sixth term. The 75-year-old Democrat's decision, coming at a time when his popularity in a conservative state had been waning for sparring with the powerful mining industry and supporting President Barack Obama, told The Associated Press ahead of his formal announcement that it was time to retire.
  • Greenpeace mulls jump into brown coal biz

    10/07/2015 11:16:04 AM PDT · by Olog-hai · 8 replies
    TheLocal.de ^ | 06 Oct 2015 16:06 GMT+02:00 | (AFP/The Local)
    It might sound like one of the environmental groups protest stunts, but Greenpeace insists it really does want to buy up a series of German brown coal mines and plants offered for sale by Swedish power company Vattenfall. [] Vattenfall had previously said it planned to sell its German lignite plants to make a shift toward renewable energy and reduce its carbon dioxide emissions. Greenpeace said it wants to buy the lignite plants to make sure further production does not take place.
  • Gas power passes coal for the second time ever

    10/08/2015 5:32:05 AM PDT · by thackney · 29 replies
    Fuel Fix ^ | Jordan Blum
    The amount of electricity generated from natural gas surpassed the share of coal-fired production in July in the U.S. for the second time. The first time was for the month of April, according to U.S. Energy Information Administration. The EIA reported Wednesday that the share of electricity coming from natural gas-fired power plants hit 35 percent in July. It was 34.9 percent from coal plants. The shift comes as the ongoing domestic shale boom produces lots of natural gas at relatively cheap prices. At the same time, few new coal plants are being built nationally because of increasing federal regulations...
  • Perth electrical engineers discovery will change climate change debate

    10/06/2015 10:54:05 AM PDT · by Sgt_Schultze · 91 replies
    Joanne Nova ^ | 4 Oct 2015 | Miranda Devine
    A MATHEMATICAL discovery by Perth-based electrical engineer Dr David Evans may change everything about the climate debate, on the eve of the UN climate change conference in Paris next month. A former climate modeller for the Governments Australian Greenhouse Office, with six degrees in applied mathematics, Dr Evans has unpacked the architecture of the basic climate model which underpins all climate science. He has found that, while the underlying physics of the model is correct, it had been applied incorrectly. He has fixed two errors and the new corrected model finds the climates sensitivity to carbon dioxide (CO2) is much...
  • Lafayette Parish President candidates field questions on coal-fired plant, traffic signals

    10/05/2015 6:15:58 AM PDT · by Tolerance Sucks Rocks · 1 replies
    The Advocate ^ | October 1, 2015 | Richard Burgess
    City-parish president candidates Joel Robideaux and Dee Stanley navigated questions on coal-generated power, the disruption an elevated interstate might cause in Lafayette and whether the city has too many traffic signals all posed at a Thursday evening forum sponsored by the local chapter of the Sierra Club. In a campaign season where the candidates have often found themselves repeatedly addressing the same issues in the string of debates and forums leading up to the Oct. 24 election, Stanley and Robideaux covered some new ground at the environmental groups forum at the Lafayette Public Library downtown. Robideaux, a longtime state...
  • More layoffs hit Bowie coal mine ( Colorado, Utah, and )

    09/30/2015 7:43:51 AM PDT · by george76 · 22 replies
    Grand Junction Media ^ | September 29, 2015 | Dennis Webb
    Bowie Resource Partners plans to lay off nearly 100 people at its Bowie #2 Mine near Paonia in the latest setback to coal employment in the North Fork Valley. The company said Tuesday that it anticipates laying off 78 workers and 19 contractors from the mine, where 181 full-time employees and 19 contractors work now. ... it is continuing to evaluate the market for the mines coal after losing a contract to sell to the Tennessee Valley Authority a year ago. The loss of that contract caused Bowie to eliminate about 150 jobs at that time. Bowie operates three underground...
  • After 100 years, city electric plant burns its last load of coal

    09/29/2015 6:33:25 AM PDT · by Controlling Legal Authority · 8 replies
    Columbia Missourian ^ | 9/29/15 | Jennifer Lu
    For more than 100 years, coal-fired boilers at the Municipal Power Plant have helped power the city's electric needs. At 5:30 p.m. Sept. 22, the last day of summer, the Municipal Power Plant burned its last load of coal. The city-owned plant's two coal-fired boilers join a growing number of small, aging coal-fired units across the country that have gone cold in the face of tighter environmental regulations on emissions. A third boiler will continue to burn natural gas. To meet both regulations, Johanningmeier said, the plant would have had to refit the boilers with emissions-reducing equipment costing tens of...
  • NYC mayor to urge city pension funds to divest from coal

    09/29/2015 4:54:08 AM PDT · by SeekAndFind · 13 replies
    Seattle PI ^ | 09/29/2015
    <p>NEW YORK (AP) New York City Mayor Bill de Blasio is set to propose that New York City's pension funds divest from coal.</p> <p>De Blasio administration officials told The Associated Press that the mayor will begin making his case to the city's five pension funds on Tuesday.</p>
  • EPA set to tighten smog limits as business gears for fight

    09/29/2015 12:59:17 AM PDT · by Olog-hai · 15 replies
    Associated Press ^ | Sep 29, 2015 3:53 AM EDT | Matthew Daly
    Facing a court-ordered deadline, the Obama administration is preparing to finalize stricter emissions limits on smog-forming pollution linked to asthma and respiratory illness. The move fulfills a long-delayed campaign promise by President Barack Obama, but sets up a fresh confrontation with Republicans already angry about the administrations plans to curb carbon pollution from coal-fired power plants and to regulate small streams and wetlands. Business groups panned the Environmental Protection Agencys proposed ozone rules as unnecessary when they were announced last fall, calling them the costliest regulation in history and warning they could jeopardize a resurgence in American manufacturing. But EPA...
  • $100B/Yr Climate Finance Challenging, But Possible (global taxes!) - UN Panel (Soros)

    11/06/2010 11:28:07 PM PDT · by SmartInsight · 33 replies
    WSJ ^ | Nov. 5, 2010 | Selina Williams
    Raising $100 billion a year of climate finance by 2020 is challenging, but possible through mechanisms including carbon markets, domestic carbon taxes and a variety of international transportation taxes, a United Nations advisory group said in a report Friday. Earlier this year, the UN's Ban established the panel, which includes U.S. National Economic Council Director Larry Summers, billionaire financier George Soros and Deutsche Bank vice-chairman Caio Koch-Weser. The financing will be used to support mitigation and adaptation efforts in developing countries--in particular, for the poorest and most vulnerable communities.
  • US rejects protections for greater sage grouse across West

    09/22/2015 7:19:05 AM PDT · by george76 · 22 replies
    Townhall ^ | Sep 22, 2015 | Gruver
    The Interior Department said Tuesday that the greater sage grouse, a ground-dwelling bird whose vast range spans 11 Western states, does not need federal protections ... The fight over whether to list the bird as endangered or threatened recalled the battle over the spotted owl 25 years ago, where federal protection greatly impeded the logging economy. ... could help defuse a potential political liability for Democrats heading into the 2016 election; ... House Natural Resources Committee Chairman Rob Bishop said Tuesday's announcement was a "cynical ploy" intended to mask the fact that the Obama administration has imposed limits on development...
  • Another Colorado coal mine to undergo federal environmental review

    09/12/2015 7:46:11 AM PDT · by george76 · 9 replies
    Denver Business Journal ^ | Sep 11, 2015 | Cathy Proctor
    A second northwestern Colorado coal mine will undergo a review of the mine's environmental impact following an agreement reached by the federal government, the mine's owners and WildEarth Guardians.. The agreement between the U.S. Department of Interiors Office of Surface Mining (OSM), Trapper Mining Inc. and WildEarth Guardians was filed Thursday with the U.S. District Court in Denver. The agreement gives the federal government until the end of April to complete a new review of the mines operations. ... Our miners must be allowed to keep working to supply Craig Station with the coal thats needed to supply the grid...
  • Colorado coal mine avoids closure over environmental group's green gambit

    09/08/2015 4:15:11 PM PDT · by Whenifhow · 16 replies
    Fox News ^ | Sept 8 2015 | Perry Chiaramonte
    A Colorado coal mine slated for closure due to a technicality has gotten a reprieve from the federal government in a move that could save hundreds of jobs. The Colowyo coal mine, which has provided hundreds of jobs and millions of dollars to the economy of the city of Craig and the northwestern region of the state since 1977 was in danger of being closed because a renewal permit drafted eight years ago did not take into account the mine's impact on climate change. An environmental group sued in a bid to invalidate the permit. A court-ordered review by the...
  • Last union mine in Kentucky closes ( War on Coal )

    09/08/2015 1:20:23 PM PDT · by george76 · 6 replies
    ap ^ | Sept. 5, 2015
    The union era's death knell sounded in Kentucky on New Year's Eve, when Patriot Coal announced the closing of its Highland Mine. The underground mine in western Kentucky employed about 400 hourly workers represented by the United Mine Workers of America. ... Union membership remains substantial in West Virginia, with more than 30,000 members, largely because that state wasn't affected by the environmental regulations on high-sulfur coal that essentially halted mining in western Kentucky in the 1990s. Smith said those western Kentucky mine shutdowns led to the loss of about 20,000 union members in two years.
  • Is George Soros Betting on the Long-Term Future of Coal?

    09/01/2015 9:20:28 AM PDT · by bananaman22 · 10 replies
    Oilprice.com ^ | 01-09-2015 | Sorosian
    Perhaps the greatest nightmare for investors in a commodity stock is that the commodity in question goes the way of coal. After more than a century of dominance in the U.S. and abroad, coal appears to have entered into a structural decline. The EIA and others see coal export volumes declining, domestic U.S. demand remaining questionable, and intense competition from natural gas continuing. A funny thing happened on the way to the graveyard for coal companies though one of the industries greatest detractors, George Soros, appears to be stepping in as a supporter. Soros, whose $24 billion fortune is...
  • Solyndra autopsy: Did Inspector General go too easy on Department of Energy?

    08/31/2015 7:36:55 AM PDT · by george76 · 5 replies
    Watchdog ^ | August 31, 2015 | Rob Nikolewski
    An Inspector General of the Department of Energy report that picked over the bones of the Solyndra green energy fiasco placed most of the blame on Solyndra executives for losing more than $500 million in taxpayer money. But a close reading shows DOE made plenty of mistakes as well. The report authored by DOE Inspector General Gregory H. Friedman came just short of calling Solyndras highest officials liars, saying their actions during the loan process were at best, reckless and irresponsible or, at worst, an orchestrated effort to knowingly and intentionally deceive and mislead the Department. While the 13-page report...
  • As natural gas replaces coal, U.S. utilities invest big in the future

    08/27/2015 5:45:42 AM PDT · by thackney · 9 replies
    Fortune ^ | AUGUST 26, 2015 | Katie Fehrenbacher
    Southern Company isnt alone in spending billions to position itself for the natural gas future. One of the largest companies that owns utilities in the U.S., Southern Company, announced a big deal this week that highlights just how aggressively power firms are looking to boost their natural gas power resources at the expense of the declining coal industry. On Monday, Southern Company SO 2.61% said it plans to buy natural-gas distributor AGL Resources GAS -0.08% for $8 billion in cash. The deal, which is for $12 billion but includes $4 billion in debt, offers AGL shareholders a 38% premium over...
  • The week that was: George Soros and Tom Steyer take their lumps

    08/22/2015 3:30:10 PM PDT · by Twotone · 6 replies
    California Watchdog ^ | Aug. 21, 2015 | Rob Nikolewski
    Its been a bad week for billionaires and climate change activists Tom Steyer and George Soros. Soros is being labeled a hypocrite for making a $2 million investment in coal while Steyer is catching flak after an investigation by Associated Press revealed that a California proposition Steyer backed in 2012 has not translated into the green energy generation and jobs that were promised.
  • Earliest site of coal fuel found in Xinjiang

    08/20/2015 10:37:26 PM PDT · by SunkenCiv · 10 replies
    China Daily ^ | Friday, August 14, 2015 | Xinhua
    Photo taken on Aug 10, 2015 shows the excavation site of Jiren Taigoukou Ruins in Qialege'e village in Nilka county in Ili Valley, Northwest China's Xinjiang Uygur autonomous region. Archaeologists here found the earliest site where coal was used as fuel by human beings. The discovery, which indicates human beings had been using coal as fuel 3,500 years ago, is 1,000 years earlier than previous finds. [Photo/Xinhua]
  • Head of EPA Admits Climate Regulations Will Hit Low-Income Minority Families Hardest

    08/20/2015 6:17:16 AM PDT · by AT7Saluki · 13 replies
    Daily Signal ^ | 8/19/15 | Nicolas Loris
    The chief environmental regulator in the United States had some blunt words of reality regarding the administrations climate change regulations. The Clean Power Plan that will require drastic cuts in 47 states carbon dioxide emissions consequently shifting Americas energy economy away from affordable, reliable coal will adversely impact poor, minority families the most. When speaking about the higher energy prices caused by the administrations climate regulations on power plants, Environmental Protection Agency Administrator Gina McCarthy said, We know that low-income minority communities would be hardest hit.
  • The Real Winner Of Obamas War On Coal': George Soros

    08/20/2015 3:54:07 AM PDT · by markomalley · 21 replies
    Daily Caller ^ | 8/19/15 | Michael Bastasch
    The real winner of President Barack Obamas so-called war on coal isnt the EPA, nor is it the natural gas industry. Its liberal billionaire George Soros.Last week, Obamas EPA announced sweeping regulations for U.S. power plants, forcing them to drastically reduce carbon dioxide emissions 32 percent by 2030. The news sent shockwaves through the coal industry, sending stocks tumbling and forcing the industrys two biggest players to consider bankruptcy filings.Thats where liberal billionaire Soros steps in. In the days after the Clean Power Plan was announced, Soros bought more than 1 million shares of Peabody Energy and 553,200 shares of...
  • Texas Sets Record for Gas Power Burn, Still Barely Enough

    08/19/2015 3:18:10 PM PDT · by thackney · 13 replies
    Power ^ | 08/18/2015 | Thomas Overton
    The Electricity Reliability Council of Texas (ERCOT) on August 10 set a record for electricity demand, topping 69,000 MW twice during the afternoon. The peak came as the Energy Information Administration (EIA) noted that Texas also set a record for gas power burnnatural gas usage in its power sectorreaching an average 4.5 Bcf/d through August 11. The peak came during a recent heat wave, with temperatures across the state topping 100F. Though reserves briefly fell below 2,500 MW, ERCOT was able to weather the episode without any system emergencies. Wholesale prices peaked at $2,250/MWh during the hour period of greatest...
  • Union rallies outside Patriot Coal over pension benefits

    08/18/2015 9:31:35 AM PDT · by aimhigh · 35 replies
    Yahoo Finance ^ | 08/18/2015 | Jonathan Mattise, AP
    SCOTT DEPOT, W.Va. (AP) -- Busloads of United Mine Workers of America miners and retirees roared in protest outside Patriot Coal headquarters Monday, as the bankrupt company looks to nix a union contract that includes pension contributions and health benefits. From a makeshift stage on the bed of a tow truck, UMWA President Cecil Roberts bellowed out to a camouflage-clad crowd of 1,500 to 1,800 miners and led them in a march to nearby Patriot headquarters. UMWA packed twenty-two buses of miners from Kentucky, West Virginia, Pennsylvania and elsewhere, according to union spokesman Phil Smith.
  • Wow! Obama drives down coal company stocks, and Soros buys them on the cheap

    08/18/2015 6:55:22 AM PDT · by SeekAndFind · 79 replies
    American Thinker ^ | 08/18/2015 | Thomas Lifson
    I have always believed that global warming is a gigantic scam, driven by greed and lust for power. Now comes the shocking news, via Steve Milloy writing on Breitbart, that following President Obama’s use of CO2 emissions as a weapon to drive major coal companies near bankruptcy, the ultimate politically connected speculator George Soros is buying up stock in major coal producers on the cheap. I predicted in this column last week that the left wasn’t going to kill off the coal industry so much as it was going to steal it. That prediction is already becoming true courtesy of billionaire...
  • The New King Coal: George Soros

    08/17/2015 8:55:39 AM PDT · by rktman · 23 replies
    breitbart.com ^ | 8/17/2015 | Steve Miloy
    I predicted in this column last week that the left wasnt going to kill off the coal industry so much as it was going to steal it. That prediction is already becoming true courtesy of billionaire George Soros. U.S. Securities and Exchange Act filings indicate that Soros has purchased an initial 1 million shares of Peabody Energy and 553,200 shares of Arch Coal, the two largest publicly traded U.S. coal companies. As pointed out last week, both companies have been driven perilously close to bankruptcy by the combination of President Obamas war on coal and inexpensive natural gas brought on...
  • Crude oil is getting smoked (WTI bouncing below $43!)

    08/11/2015 10:30:17 AM PDT · by tcrlaf · 42 replies
    Business Insider ^ | 8-11-2015 | Akin Oyedele
    There goes crude oil again. On Tuesday morning, West Texas Intermediate crude futures in New York fell 4% to as low as $43.03 per barrel. Brent crude, the international benchmark, was also lower, near $50 per barrel, after on Monday having its biggest one-day jump in a month. We got OPEC's latest monthly production numbers Tuesday morning, and they showed that production surged to a three-year high in July. The 12-member oil cartel has overshot its production target for at least a year in a bid to maintain its market share. After what seemed like a recovery in prices around...
  • Jeb Worked With Bloomberg Amid $50 Million Anti-Coal Campaign

    08/11/2015 4:37:48 AM PDT · by george76 · 21 replies
    Daily Caller News ^ | 08/10/2015 | Michael Bastasch
    Presidential candidate and former Gov. Jeb Bush got into some hot water recently over his past work with a foundation run by former New York City Mayor Michael Bloomberg for its funding of Planned Parenthood. What went unnoticed, however, was that Bush worked with Bloomberg as he gave millions to environmental groups to take down the coal industry. Bush, whos looking to win the Republican presidential nomination, served as a founding director of the Bloomberg Family Foundation now called Bloomberg Philanthropies from 2010 through 2014. During Bushs second year with the organization, Bloomberg donated $50 million to the...
  • Obamas De-growth Agenda (Killing the Coal Industry)

    08/10/2015 11:40:03 AM PDT · by newgeezer · 8 replies
    Rapture Ready ^ | August 10, 2015 | Todd Strandberg
    The coal industry is facing its toughest challenge since The Great Depression of 1929. The collapse in coal prices and a growing weight from new regulations has claimed dozens of firms. In just recent months, three major coal producers have filed for bankruptcy. Alpha Natural Resources operates more than fifty underground and surface mines in five states. It is the nations largest producer of the type of coal used in steel production. In 2011, Alpha Natural Resources was worth $11 billion in stock value. The firm is now worth less than $7 million. Peabody Energy Corporation, is the largest private-sector...
  • Conservative coal towns are being destroyed across America

    08/10/2015 7:09:42 AM PDT · by SeekAndFind · 16 replies
    Washington Times ^ | 08/09/2015 | Stephen Moore
    Heres todays political quiz question: what do these five states Rhode Island, Vermont, California, Oregon and Maine have in common. Yes they are blue states ruled by Democrats, but thats not all. These are the states that use the least amount of coal less than 2 percent for electric power. In fact, almost all of the states that are politically liberal and vote unfailingly Democratic are low coal use states. Washington, New York, New Jersey and Connecticut are also in the top 10 states least reliant on coal. Only conservative Idaho is a red state with...
  • Will EPAs Clean Power Plan doom Colorados coal industries?

    08/08/2015 1:57:16 PM PDT · by george76 · 8 replies
    Watchdog ^ | July 30, 2015 | Marjorie Haun
    Gov. John Hickenlooper has pledged that Colorado will comply with the EPAs Clean Power Plan, but this effort to cut so-called CO2 pollution could come at a dear price to the states coal industry. ... Colorado is among the top states in coal production and consumption. In the year 2013, 64 percent of energy produced in Colorado came from coal, 20 percent from natural gas, and around 15 percent from various renewables including hydroelectric, biomass, solar and wind. The history of Colorados coal mining industry stretches over the past two centuries. Not to mention, coal jobs have a multiplier effect...
  • Global Coal Boom Accelerating Despite Obamas Green Posturing

    08/07/2015 11:29:14 PM PDT · by Brad from Tennessee · 21 replies
    Watts Up with That? ^ | August 8, 2015 | By Anthony Watts
    At the very moment President Obama has decided to shutter Americas coal industry in favor of much more expensive and less efficient renewable energy, coal use is surging across the globe. A new study by the prestigious National Academy of Sciences detects an unmistakable coal renaissance under way that shows this mineral of fossilized carbon has again become the most important source of energy-related emissions on the global scale. Coal is expanding rapidly not only in China and India but also across a broad range of developing countries especially poor, fast-growing countries mainly in Asia, the study finds. Why...
  • Shut down coal mines, group urges ( WildEarth Guardians : Colorado)

    08/07/2015 11:33:14 AM PDT · by george76 · 27 replies
    Grand Junction Media ^ | August 6, 2015 | Dennis Webb
    Industry blasts suggestion as harmful to the country. A conservation group that has succeeded in dealing recent legal setbacks to western Colorado coal mines called Thursday for a phase-out of federal coal leasing to help combat climate change. Its time for the Interior Department to shut it down, Jeremy Nichols, Climate and Energy Program director for WildEarth Guardians, said in a news release. The group outlined a plan for ending the federal coal program over 10 to 25 years through a moratorium on leasing publicly owned coal, retiring existing leases that arent producing, honestly reporting the climate impacts of the...
  • Commercial start eyed for late 2016 on Texas carbon capture project

    08/07/2015 5:21:26 AM PDT · by thackney · 17 replies
    Power Engineering ^ | Aug 5, 2015 | Barry Cassell
    NRG Energy (NYSE: NRG) said in its Aug. 4 quarterly Form 10-Q report that it and partners are aiming for a late-2016 commercial start-up of a seminal carbon capture facility (CCF) at NRG's coal-fired W.A. Parish power plant in Texas. In July 2014, NRG, through its wholly owned subsidiary Petra Nova Holdings LLC, sold 50% of its interest in Petra Nova Parish Holdings LLC to JX Nippon, a wholly owned subsidiary of JX Nippon Oil & Gas Exploration Corp. As a result of the sale, NRG no longer has a controlling interest in and has deconsolidated Petra Nova Parish Holdings...
  • US carbon pollution from power plants hits 27-year low

    08/05/2015 2:44:00 PM PDT · by NormsRevenge · 31 replies
    Yahoo News ^ | 8/5/15 | Seth Borenstein - AP
    WASHINGTON (AP) Heat-trapping pollution from U.S. power plants hit a 27-year low in April, the Department of Energy announced Wednesday. A big factor was the long-term shift from coal to cleaner and cheaper natural gas, said Energy Department economist Allen McFarland. Outside experts also credit more renewable fuel use and energy efficiency. Carbon dioxide from the burning of coal, oil and gas is the chief greenhouse gas responsible for man-made global warming. "While good news for the environment, we certainly would not want to assume that this trend will continue and that we can simply relax," said...
  • GROUSE GETTING BUSY! New Report Says Population Has Rebounded ( Colorado, NM ..)

    08/05/2015 2:13:08 PM PDT · by george76 · 10 replies
    ColoradoPeakPolitics ^ | August 5, 2015
    The sage grouse population has exploded in the last two years, growing by nearly two-thirds from more than 49,000 males in 2013 to more than 80,000 this year. ... This is encouraging news for the bird, and for the people whose lives would be turned upside down by the federal government if it still insists on listing the critter as an endangered species on the brink of extinction. The report considered the population across the birds 11-state habitat, with specific news on the growth in Colorado numbers ... The report falls on the heels of a gloom and doom forecast...