Browsing the "coal" Tag

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Divest! Banks and institutions dumping dirty fossil fuel money

Institutions are reacting to public outrage over fossil fuel investments. Through divestment from fossil fuels, profits that wreak havoc on our planet are being diverted to alternative energy and other investments that can provide a sustainable tomorrow for the world’s citizens. by Carolyn Fortuna  Divestment decisions last month at Harvard University heartened student activists and reinforced a […]

May 26th

India cancels 14 GW of new coal plants. Nobody wants coal but Trump.

The transformation of India’s electricity market continues to deliver, as shown this month by the cancellation of 13.7 gigawatts of proposed coal-fired power plants, an admission that 8.6 gigawatts of operating coal is already non-viable, and the parallel move of ever-decreasing solar costs helped along by the country’s record low solar tariffs. By Joshua S […]

May 25th

EPA victory – SCOTUS won’t block mercury rules for coal power plants

By Meteor Blades Last June, the U.S. Supreme Court ruled 5-4 in favor of those challenging the Obama administration’s rule establishing its mercury and air toxics standard (MATS). The court majority decided in Michigan v. Environmental Protection Agency that the EPA had failed to consider the costs of compliance before it finalized the rule. But the court did not throw out the […]

June 13th

Failing coal CEOs rake in big bonuses as they screw workers

By Meteor Blades The advocacy group Public Citizen released a report Tuesday showing how top executives for three giant coal companies got large compensation boosts even as they laid off workers and cut their benefits. The three companies—Peabody Energy, Arch Coal, and Alpha Natural Resources—are all continuing their operations under Chapter 11 bankruptcy filings. Over the past few years, […]

May 20th

Big coal is dying – NW rejects zombie mega-mine

By Mary Anne Hitt Director of the Sierra Club’s Beyond Coal campaign Let’s start this victory column with a staggering number: For years Arch Coal had its eyes set on mining upwards of 1.3 billion tons of coal from Montana’s Otter Creek coal reserves – a move that would create the largest new coal strip […]

March 15th

Bankrupt coal company gives fat bonuses to execs, kills worker pensions

By Meteor Blades Much is made of the “war on coal” in some circles, but the war on coal miners is mostly ignored. That war, of course, has been going on for more than a century in various forms. Company “gun-thugs” once battled unions with bullets, and company lawyers fought black lung legislation with pens and lobbying. Later, they did the same […]

February 16th

Obama halts new federal coal leases (to avoid climate change)

By Meteor Blades Climate activists get to celebrate a victory in the war on coal Friday. Not the final victory by a long shot, but progress nonetheless. President Obama will announce that there will be no new coal leasing on public lands until the government completes an overhaul of the program. That could produce anything from simply mandating higher royalties for energy […]

January 17th

How to fry a planet – spend way more on fossil fuel than renewables

The good news – investment in renewable energy is up. The bad news – we’re still spending WAY more money on old-fashioned, dirty, carbon-heavy, climate-killing fossil fuels. In his article at TomDispatch, How to Fry a Planet, professor Michael T. Klare points out, According to the International Energy Agency (IEA), an inter-governmental research organization based in Paris, […]

August 9th