It's time we amp up the pressure on Chase and take their money
out of the coal industry.
Not exact matches
For shareholders, it made financial sense to get
out of the
industry a year ago, when mining stocks and
coal prices were collapsing.
Coal, in fact, ranked as the worst performing
industry for the six months ending June 19th, with a composite price change
of — 26.7 %, while heavy losses among Precious Metals and Steel stocks also put these two group in the bottom five
out of roughly 100
industries under our review.
Instead, it was an effort to regulate the
coal mining
industry right
out of business,» said Rep. Bill Johnson, R - Ohio, who sponsored the disapproval measure on the stream protection rule.
Larry Gibson, who has held onto his family home on Kayford Mountain in West Virginia despite the total destruction
of the mountain all around him, speaks
out frequently against the
coal industry.
The most striking beneficiary from the phasing
out of nuclear power in Germany is the
coal (and especially lignite)
industry.
«The reality is that this rule was not an effort to protect streams — it sought to regulate the
coal industry out of business and eliminate tens
of thousands
of jobs in that
industry,» said Rep. John Faso (R - Kinderhook) in a letter to the Daily Freeman last year.
Statistics from the China
Coal Industry Association show that in 2014, 7 out of 10 Chinese coal companies failed to make ends m
Coal Industry Association show that in 2014, 7
out of 10 Chinese
coal companies failed to make ends m
coal companies failed to make ends meet.
Most in the
coal industry argue that market forces will sort
out the problem, a dubious view shared by the Bush administration, but that seems improbable unless IGCC technology gets cheaper or the cost
of emitting carbon goes up.
«We capture impurities» While Huaneng is leading the way in capturing carbon for
coal - fired power plants, an
industry that is traditionally tied with CCUS, the Chinese
coal giant Shenhua is trying to adopt CCUS technology in a new sector: factories that produce chemicals
out of coal.
Meanwhile,
coal industry leaders say they are optimistic about
coal's ability to deliver developing countries
out of energy poverty and have noted that
coal is expected to surpass oil as the world's leading energy source by 2015.
Oddly, as I pointed
out earlier, the Friends
of Coal industry front group is not attacking the legislation's impacts on coal — instead going for a general criticism of potential increases in energy costs to consumers. And as I've also pointed out, the United Mine Workers union concluded the bill ensured that «the future of coal will be intact (but still withheld its endorsement, seeking more concessions for coal companies and coal - fired utiliti
Coal industry front group is not attacking the legislation's impacts on
coal — instead going for a general criticism of potential increases in energy costs to consumers. And as I've also pointed out, the United Mine Workers union concluded the bill ensured that «the future of coal will be intact (but still withheld its endorsement, seeking more concessions for coal companies and coal - fired utiliti
coal — instead going for a general criticism
of potential increases in energy costs to consumers. And as I've also pointed
out, the United Mine Workers union concluded the bill ensured that «the future
of coal will be intact (but still withheld its endorsement, seeking more concessions for coal companies and coal - fired utiliti
coal will be intact (but still withheld its endorsement, seeking more concessions for
coal companies and coal - fired utiliti
coal companies and
coal - fired utiliti
coal - fired utilities).
In this «episode», Lt. Frank Drebin (Nielsen, Nuts) is, in his own inept fashion,
out to thwart the plans
of some power - hungry heads
of industry trying to make sure that oil,
coal, and nuclear energy maintain their stronghold.
Amy Schumer put her freshly - forged Hollywood connections to good use last night in a biting sketch that points
out just how much
of the
industry's female talent is wasted on barely - there roles like concerned wife
of sniper or concerned wife
of trapped
coal miner.
Once home to steel mills,
coal mines, glassworks, and factories that produced chains, locks, leather, nails, cast iron and similar goods, the Black Country also inspired writers such as Elihu Berrit, whose Walks in the Black Country and Its Green Border - land begins: «The Black Country, black by day and red by night... is a section
of Titanic
industry, kept in murky perspiration by a sturdy set
of Tubal Cains and Vulcans, week in week
out, and often...
And a convoluted tale it is, involving the country's wealth
of natural resources (
coal, iron, copper and water for powering machines and transporting goods), the comparatively high literacy rate that enabled common folk to educate themselves in science and technology, a patent system that protected the rights
of inventors and gave them economic incentive to both create and refine devices, and a population large and wealthy enough to form a profitable market for products the new
industries turned
out.
Yes, there are a few nooks and crannies that are neglected, like Russia and Brazil,
industries that are deeply
out of favor like gold, oil E&P,
coal, mining, etc., but you have to hold your nose and take reputational risk to buy them.
In my view, if the
coal industry does not proactively agree to, and indeed volunteer for, a prompt moratorium on the construction
of new
coal - fired power plants until carbon capture and storage are proven and viable, and included in commercial plants, we should get
out the literature, the musical lyrics, the poetry, the ethical codes, and so forth and create a collection
of material that brings to vivid life the «problems» (to put it mildly) that Shakespeare illuminates, as they will then apply to the
coal industry.
That said,
of course, my sense is that the
coal industry is trying to change the subject, because reason is against it (in terms
of its desire to build additional
coal capacity before technologies are available that can take carbon dioxide
out of coal emissions).
To me it seems that the
coal industry, recognising that the game will soon be up, has conned our rather stupid state government into helping them ramp up production rapidly to make a windfall profit before they go
out of business — akin to drug dealers getting governments to help them ramp up sales before banning the product.
They have done honorable work — largely figuring
out how to cushion
coal - state consumers and carbon - intensive
industries from rising fossil fuel costs in a carbon constrained world — but the fruits
of their labor have been demonized by the opposition as «cap and tax,» Rube Goldberg, etc..
So far, the only energy trade groups to come
out in support
of the proposal are from the nuclear and
coal industries.
On the other hand, you can price your
industries out of the home market by making energy so expensive that you end up buying goods and services from China and India that were made in factories powered by
coal.
I think if the
coal industry hadn't been so vicious about all
of this, buying them
out would be on the table.
Despite this, one
of the main takeaways from the report is that Trump administration may still be preparing to use energy «resilience» as an excuse to bail
out the
coal industry.
The film lays
out in disturbing detail the damage caused by the
coal industry to Appalachia over the past decades: a million acres
of forest destroyed, 2,000 miles
of streams buried and 300 million gallons
of toxic sludge spilled.
We'll be trading away those jobs, tourism, restaurant
industry for
coal mine jobs for people flown in from
out of state.
The oil and
coal industries, as well as groups like the National Association
of Manufacturers, all vehemently opposed cap - and - trade and shelled
out millions lobbying Congress.
I was fortunate enough to find
out that these greenhouse skeptics were getting paid sort
of under the table by the
coal industry.
Unfortunately for the fossil fuel
industry, natural gas only reduces pollution by 55 % (compared to
coal) at the power plant, and only by 17 % (compared to gasoline)
out of car tailpipes.
Although China is among the largest producers
of solar photovoltaic (PV) cells in the world, over 90 %
of such PV cells are exported, leading Shi Dinghuan (石定寰), the Chairman
of the Chinese Renewable Energy
Industries Association (CREIA) to lament that China ships
out its clean energy only to leave pollution (i.e.
coal fired power generation) behind.
Oil refineries,
coal plants, cement kilns and other heavy
industries have for years fouled the air with toxic pollution, leaving residents who live nearby with a difficult choice: stay inside or venture
out and risk becoming sick from breathing air that's full
of pollutants that can cause lung and heart disease, cancer, brain damage — and even death.
It is also worth to point
out that this overarching Plan is designed to encompass previously released sub-sector
industry energy plans such as Solar Power (Feb 2012)-LRB--RRB-,
Coal Power (Mar 2012), Wind Power (Sept 2012) and Emission Reduction & Energy Savings (Aug 2012), which themselves, given the increasingly complexity and size
of China's energy sub-sectors required stronger coordination across various government departments.
If you've ever wondered exactly why the global
coal industry has argued so vehemently — first against the science
of climate change and secondly against doing anything about it — the International Energy Agency lays it all
out in its latest World Energy Outlook.
Why don't you continue to represent those fine
coal industry geologists by pointing
out a few that «know much, much more about the mechanisms
of the atmosphere and its variations over time...» than the climatologists and atmospheric scientists that make it their profession to know how atmospheres vary over time.
«Fugitive emissions are on the run in the U.S. — regulators, investors and
industry leaders are all
out to ensure gas can demonstrate it has a climate advantage over
coal,» said Anthony Hobley, CEO
of Carbon Tracker.
Critics argue that «clean
coal» means anything the
industry wants it to, pointing
out that
of the country's 616
coal plants, none are carbon - free or close to it.
The climate movement is pointing
out that unconventional fossil fuel extraction techniques (fracking, tar sands excavation, deep - water drilling, mountaintop removal
coal mining) are leaving or will leave toxic wastes and scars on the landscape as the fossil fuel
industry gouges and lacerates the earth in search
of combustible fossil resources.
On top
of that, it turns
out that in recent days, Republicans in Congress (with the backing
of the
coal industry), have been successfully blocking mine safety measures that would help address this problem.
While the institute rejects claims it is a front group, one
of its senior fellows,
coal industry veteran Fred Palmer, told DeSmog in February 2017 that he was «reaching
out to the fossil fuel community right now and raising money for Heartland.»
A week after it was excerpted in The Washington Post, the Western Fuels Association, a disinformation arm
of the
coal industry, took
out full page ads in the Sunday Post and The Washington Times denouncing the book.
But because most reporters don't have the time, curiosity, or professionalism to check
out the science, they write equivocal stories with counterposing quotes that play directly into the hands
of the oil and
coal industries by keeping the public confused.
Its claim to fame: the deregulation «studies» it publishes on behalf
of the nuclear,
coal, and oil / gas
industry - and as it turns
out, Big Tobacco, too.
According to
industry experts, if
coal loses
out in utilities» decisions on what to build, it would be because the economics
of burning gas are simply better than burning
coal.
Further, the corporate - funded campaign to play up uncertainties in climate science, carried
out through
industry associations like the American Petroleum Institute and front groups like the American Coalition for Clean
Coal Electricity, has done its part to sow public confusion about the level
of consensus in climate science.
However, when the oil and gas and
coal industries start pulling their vast wealth
out of the coffers
of big banking, what will the banking
industry have left?
IEA and
industry experts described the current status
of coal - fired power generation in general in India and the overall need to ensure that the facilities are modernised and that least - efficient plant be phased
out, given the expected large role that
coal will continue to play in power supply.
They spoke last, after the nine
coal industry and coal - allied politician witnesses, who bemoaned the burden of following critical clean water regulations and wrongly blamed the Obama administration for its coal - production woes — of course without a single mention of their real problem, which is the subject of a flurry of current news reports: Coal in Appalachia is running out, there is little left to mine (see the AP's report that broke the story, Jeff Goodell's Rolling Stone piece «The Coming Decline and Fall of Big Coal,» and even this energy industry publication sto
coal industry and
coal - allied politician witnesses, who bemoaned the burden of following critical clean water regulations and wrongly blamed the Obama administration for its coal - production woes — of course without a single mention of their real problem, which is the subject of a flurry of current news reports: Coal in Appalachia is running out, there is little left to mine (see the AP's report that broke the story, Jeff Goodell's Rolling Stone piece «The Coming Decline and Fall of Big Coal,» and even this energy industry publication sto
coal - allied politician witnesses, who bemoaned the burden
of following critical clean water regulations and wrongly blamed the Obama administration for its
coal - production woes — of course without a single mention of their real problem, which is the subject of a flurry of current news reports: Coal in Appalachia is running out, there is little left to mine (see the AP's report that broke the story, Jeff Goodell's Rolling Stone piece «The Coming Decline and Fall of Big Coal,» and even this energy industry publication sto
coal - production woes —
of course without a single mention
of their real problem, which is the subject
of a flurry
of current news reports:
Coal in Appalachia is running out, there is little left to mine (see the AP's report that broke the story, Jeff Goodell's Rolling Stone piece «The Coming Decline and Fall of Big Coal,» and even this energy industry publication sto
Coal in Appalachia is running
out, there is little left to mine (see the AP's report that broke the story, Jeff Goodell's Rolling Stone piece «The Coming Decline and Fall
of Big
Coal,» and even this energy industry publication sto
Coal,» and even this energy
industry publication story).
The market implications for this are significant, in that conventional generation is now fighting to maintain its share
of a shrinking pie, and the U.S. Department
of Energy's clumsy moves to find a rationale to bail
out the
coal and nuclear
industries can be seen in this light.
Although the Keystone State was thought to have tapped
out its big - time energy supplies long ago, Pennsylvania was key to the rise
of oil and
coal that fueled U.S.
industry in the 19th and 20th centuries.