The resulting plunge in coal prices has turned into hard times for
global coal miners.
Not exact matches
Perth - based
coal miner Ascot Resources has received commitments from
global commodity trader Gunvor Group for a $ 5 million equity capital investment in its $ 11.2 million raising.
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.
But
coal is not «cheap» for the Appalachian communities destroyed by mountaintop removal (see appvoices.org), nor for the
miners killed or sickened because worker safety would be too costly for mine owners, nor for the areas made permanently dead from the mining practices, nor for the children poisoned by the toxic fumes of even the cleanest - burning
coal plants, not to mention the entire planet, every species, every community, every neighborhood being damaged and degraded by the
global warming
coal burning causes.
«As we enter the second decade of the 21st century experiencing a horrific oil spill in the Gulf of Mexico, a devastating natural gas explosion in California, death of 25 West Virginia
coal miners, kidnapped uranium
miners in Niger — it's about time for the United States to reposition itself as a
global leader in solar and the entire portfolio renewable energy and energy efficiency technologies critical to our economic and national security,» said Scott Sklar, president of the Stella Group, which promotes renewable power generation.
[1] They are up against a formidable array of political, corporate, and cultural forces that is reminiscent of what the
miners were up against 90 years ago — with the added threats of
global climatic disruption from
coal - burning and the devastating assault on the mountains and environment of Appalachia by destructive modern technology.
I would be a bit surprised if it comes from Monckton, since it was his former boss, Margaret Thatcher, who peddled the
Global Warming theory as a weapon to destroy the
miner's unions and the
coal mines.
If you tell a
miner that you want to close the
coal mines because this could lead to a «
global» warming in 1 century of 2 °C instead of, say, 3 °C, he won't ask you for your p - values.