Environmental groups that vowed to fight President Donald Trump's efforts to roll back his predecessor's plans to curb global warming made good on their promise, teaming up with an American Indian tribe to ask a federal court to block an order that lifts restrictions on
coal sales from federal lands.
Not exact matches
A Donald Trump presidency, others say, should be a windfall for
coal miners, small - cap U.S. companies (because their
sales are mostly in the U.S.), and, of course, construction companies that might benefit
from a massive government wall - building contract.
FERC approved the
sale of two
coal - fired power plants in New York on the same day Gov. Andrew Cuomo vowed the generators would «transition» away
from coal.
Chief executive Tom Albanese said «We have set new quarterly records for iron ore
sales and hard coking
coal production as our operations recovered
from the severe weather experienced earlier in the year.
FERC approved the
sale of two upstate New York power plants the same day Cuomo vowed the generators would «transition» away
from coal or be closed by 2020.
The company plans to use the proceeds
from the thermal
coal sale for a $ 2.5 billion debt reduction program.
This enduring notion — that the world can have its
coal and climate, too, by pumping the carbon dioxide
from combustion into the earth — has been promoted by institutions including Peabody Energy, the world's biggest
coal company (see its
coal -
sales ticker here), and the Natural Resources Defense Council.
«We have a responsibility to ensure the public... get a fair return
from the
sale of America's
coal, operate the program efficiently and in a way that meets the needs of our neighbors in
coal communities, and minimize the impact
coal production has on the planet that our children and grandchildren will inherit.»
According to official estimates, the government will get nearly $ 250 billion in revenues over a period of 30 years
from the
sale of over two hundred
coal blocks to private bidders.
«Matt Ridley is a
coal baron who profits directly
from the
sale of fossil fuel reserves while the rest of us suffer the consequences.
Another 7.5 percent of
sales must come
from any combination of «Tier I» sources, which include both renewable sources (solar, wind, hydropower, and geothermal) and non-renewable sources (
coal - mine methane, biomass, and wood manufacturing waste products).
Much of the existing
coal capacity in the United States was built
from 1950 to 1990 during a time when electricity
sales were growing much faster than population and gross domestic product.
Oil and gas lease
sales, royalties
from mineral and energy production, Alaska's «Open for Business» initiative, renewable energy development, mineral extraction, the future of
coal production
from public lands, offshore renewable energy development, and oil and gas exploration and drilling in the Outer Continental Shelf were just some of the topics discussed.
The order will require the Interior Department to lift a moratorium on the
sale of new
coal leases on federal land, and compel a review of regulations designed to reduce greenhouse gas emissions
from power plants.
Therefore it is only just that those who profit
from the
sale of petroleum and
coal be taxed (a «carbon tax», which sounds less direct than, say, a gasoline tax, or a home - heating oil tax) with the proceeds of the tax to be paid back to citizens in various ways.
We can calculate the carbon pollution
from these lease
sales by looking at the tons of
coal in each lease, the energy content of the
coal in each lease (in BTU / lb), and the amount of carbon pollution released per BTU, which varies depending upon the type of
coal.
Independent modelling commissioned by the Australian
Coal Association warns that the number of early mine closures could reach 18 within nine years and result in Australia forgoing coal sales of $ 22 billion from existing mines over the next dec
Coal Association warns that the number of early mine closures could reach 18 within nine years and result in Australia forgoing
coal sales of $ 22 billion from existing mines over the next dec
coal sales of $ 22 billion
from existing mines over the next decade.
As first proposed two years ago, FirstEnergy's case before the Public Utilities Commission of Ohio asked for a different charge altogether to make utility customers guarantee electricity
sales by its unregulated generation affiliate
from certain
coal and nuclear plants.
Allianz will no longer invest in companies if more than 30 per cent of
sales come
from coal mining or if
coal generates more than 30 per cent of electricity.
In case of power sector, income tax payable on the income derived
from sale of electricity by a private power generation company (except a
coal based power generation) shall be exempted for fifteen years
from the date of commercial operation, provided that the commercial operation date has been achieved before 31 December 2019.
Experience ranges
from claims arising
from the
sale of
coal to the construction of offshore oil platforms to disputes revolving around alternative energy sources, such as those related to the supply of PV solar modules.