Sentences with phrase «as coal companies»

At the same time, another climate drama is playing out with much less attention as coal companies make plans to export huge quantities to Asia by way of Pacific Northwest ports.
Today's move could potentially boost carbon - intensive industries, such as coal companies and heavy manufacturers, while reducing demand for low - carbon alternatives.
to support those plants if it fears that, as the coal companies argue, an entire category of generating resources could retire.
Major investors such as Norway's sovereign wealth fund — the world's biggest — have already begun selling off high - carbon stocks such as coal companies.

Not exact matches

U.S. coal exports to Asia have also risen in recent months as ailing U.S. mining companies search for alternatives to the weak domestic market.
In northeastern England, a battle is raging between grass roots campaigners and a company intent on digging a new open cast mine as world coal prices soar.
Adani Group, controlled by the billionaire Gautam Adani, said it will now plan to finance the vast Carmichael coal project on its own, but the company faces an uphill struggle as both governments and major banks adopt a harder line towards new coal projects, citing the impact of coal - fired power on climate change.
U.S. authorities have repeatedly targeted companies and individuals from the Chinese city of Dandong, which borders North Korea, in a bid to cut off Pyongyang's major export revenue from selling natural resources, such as coal.
The direct impact on listed companies may be limited as trade between China and its isolated northern neighbour has slowed substantially since the United Nations imposed a ban in September on North Korean exports of coal, iron, iron ore, lead, lead ore and seafood.
The reason to take a close look at this company is twofold: it's one of the most diversified miners around, so one commodity's underperformance shouldn't have as significant an impact on the company as it would if it was just a coal or iron ore producer.
NEW YORK, April 1 - FirstEnergy Corp said late on Saturday its nuclear and coal power plant units filed for bankruptcy court protection as the company looks to restructure, sell assets and win government support to cope with competitors using lower - cost natural gas.
Chinese engineering companies, banks and shipyards are all muscling into LNG, typically the preserve of Western, Japanese and South Korean players, as government coal - to - gas switching policies make LNG an increasingly strategic fuel.
The company, one of the largest metallurgical coal producers in the U.S., had nearly as much in debt as it had assets and, thanks to plummeting prices, its balance sheet was simply under too much pressure.
The United Nations Security Council blacklisted dozens of ships and shipping companies on Friday over oil and coal smuggling by North Korea, boosting pressure on Pyongyang as leader Kim Jong Un plans to meet with his South Korean and U.S. counterparts.
Jim Cramer checks in with Vistra Energy CEO Curtis Morgan, who says coal is on its way out as his company looks for other renewable energy sources.
But the struggle continues as U.S. thermal coal companies become increasingly desperate to send their product to power plants in Asia.
It expected that companies with high financial leverage and refinancing demand would take a hit, tipping five stocks as especially vulnerable: China Eastern Airlines, China Southern Airlines, Yanzhou Coal, Huadian Power and Huaneng Power.
The Energy sector consists of companies involved in the exploration, production, or management of energy resources such as oil, gas, and coal, as well as companies that service these industries.
Southern Company has been making a lot of the right moves in my opinion from abandoning the Clean Coal Project to looking to position themselves as a clean energy cCompany has been making a lot of the right moves in my opinion from abandoning the Clean Coal Project to looking to position themselves as a clean energy companycompany.
As for the Kemper Clean Coal project the company decided to scrap the project and instead decided to turn it into a natural gas powered facility.
And as coal investors have fled in droves to invest in more profitable companies and industries, coal workers have been left with pink slips and mortgages on houses with few buyers in blighted coal country.
Darin Kingston of d.light, whose profitable solar - powered LED lanterns simultaneously address poverty, education, air pollution / toxic fumes / health risks, energy savings, carbon footprint, and more Janine Benyus, biomimicry pioneer who finds models in the natural world for everything from extracting water from fog (as a desert beetle does) to construction materials (spider silk) to designing flood - resistant buildings by studying anthills in India's monsoon climate, and shows what's possible when you invite the planet to join your design thinking team Dean Cycon, whose coffee company has not only exclusively sold organic fairly traded gourmet coffee and cocoa beans since its founding in 1993, but has funded dozens of village - led community development projects in the lands where he sources his beans John Kremer, whose concept of exponential growth through «biological marketing,» just as a single kernel of corn grows into a plant bearing thousands of new kernels, could completely change your business strategy Amory Lovins of the Rocky Mountain Institute, who built a near - net - zero - energy luxury home back in 1983, and has developed a scientific, economically viable plan to get the entire economy off oil, coal, and nuclear and onto renewables — while keeping and even improving our high standard of living
What these dry government numbers leave out is the effect on coal workers and their families as coal mines close and one major coal company after another files for bankruptcy.
These forward - looking companies recognize that using natural gas, efficiency, and renewable energy are more profitable than retrofitting coal - fired plants — which are seen as being obsolete, inefficient, and highly polluting.
BHP Billiton said on Thursday jobs could go at its Australian coal mines as the company faces a deteriorating market, the latest sign of global miners scaling back operations due to slowing industrial activity in China.
The drop in shares of another coal company, Peabody Energy, had not been as bad as that of Alpha Natural.
Glencore was formed 40 years ago as a physical commodities trader (that is, the company buys and sells vessel - loads of coal, for example, instead of «paper trading» futures and forward contracts).
In addition to the Company's mining operations, the Company markets and broker coals from its operations and other coal producers, both as principal and agent, and trade coal and freight - related contracts through trading and business offices.
Interior officials said the rule would cause only modest job losses in coal country and could even create jobs as companies hire construction crews to haul and store debris.
If coal is to Australian politics as pipelines are to Canada's, the head of the country's largest coal - fueled energy company has just done the...
The Alberta - based company's facilities run on a number of different sources, such as natural gas, wind, and coal.
Yankuang, China's fourth largest state - owned resources company, lost 20 billion yuan ($ 4.2 billion) last year as the price of coal hit a 12 year low.
The outlook is less clear for railroad companies exposed to commodities such as coal and iron ore, as falling prices raise questions over haulage volumes.
One Rounds was Station Master at the train depot, another ran the coal company, and Jacob served several terms as Town Supervisor starting in 1859.
«Coal is good for air quality» as an advert, carries a lot more weight if it is endorsed by the World Health Organisation than if it's endorsed by a mining company.
As of 2008, the company had sold 130 million bulbs; the resulting pollution reduction through energy savings is the same as that of two large coal - fired power plantAs of 2008, the company had sold 130 million bulbs; the resulting pollution reduction through energy savings is the same as that of two large coal - fired power plantas that of two large coal - fired power plants.
Echoes of «keep it in the ground» One former official interpreted Obama's remarks as being aimed at either raising the cost of coal through BLM's leasing process or making it off - limits to coal companies altogether.
He noted that U.S. coal companies are already positioning themselves to boost exports, especially to energy - consumptive countries like China, as domestic demand for coal continues to drop off.
No jobs will be lost as the company weans itself off coal, Georgia Power spokesman Mark Williams said.
Coal companies should take a proactive strategy and talk about solutions, such as carbon capture utilization and storage (CCUS) technology, Reavey said.
Vattenfall has high hopes for clean coal, but the company regards this process as a bridge to renewable - energy technologies rather than a permanent solution to climate change.
Without a level playing field and a steady price on carbon, companies can not assess whether advanced technologies such as «clean coal» power plants or electric vehicles will ever make economic sense.
«It should be noted that many of the CEOs in those key state - owned coal companies are at the same governmental ranking as top officials in the National Energy Administration,» said Tu.
Banks suggests that reconciling those rights agreements could lead to a shift in the way coal mining companies view methane gas, treating it as a potential source of revenue rather than a fugitive gas to be dealt with as a safety or environmental concern.
Though the federal government is doubling down on coal, electric power companies are embracing less - polluting natural gas, wind and solar power as the cost of generating electricity from those sources falls.
As electricity use spikes across the country in the summertime when more people use air conditioning, electric power companies turn to more coal and natural gas power plants to help meet the demand, reducing renewables» share of total U.S. power generation, Comstock said.
Instead, the company will use high - sulfur coal — mined mostly in Pennsylvania, Ohio, and West Virginia — and will then pull the sulfur out as part of the CCS process.
Though he hasn't provided many specifics, Trump has publicly said he is eager to streamline the process and make it as easy as possible for energy companies to extract fossil fuels from public lands, which are the source of about 24 percent of America's fossil fuels, including about 40 percent of all the coal produced in the U.S.
Residents there do not know what is owed them by the government, as it takes away land and awards it to India's biggest energy companies to generate coal - fired electricity and power distant megacities, advocates say.
However, in its latest annual report, Peabody Energy Corp., the largest private - sector coal company, cited divestment efforts as a business risk.
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