On January 12, 2011, Arch Coal stated that it was going to buy a 38 % ownership
stake in the coal loading facility planned for Longview, Washington.
ALSO: A New Mexico county is considering letting its 3 percent ownership
stake in a coal plant expire in 2022, the year the facility is set to close.
Furthermore, fossil fuel and utility interests that have
a stake in coal or natural gas plants simply want to slow the growth of their competition: for every solar installation on a home, means approximately one less customer paying for the electricity produced from fossil fuel plants.
Bernd and Vimana, Please don't call people that are critical on Wind power «Wankers» or «lovers of smoke stags» or think that we have
a stake in the coal or oil industry.
Not exact matches
West Perth - based junior miner African Energy Resources has farmed out a 51 per cent
stake in its Sese
coal and power project
in Botswana to a Vancouver - based firm for $ 8 million.
The previous year's result was boosted by the sale of
stakes in Arrow Energy and the Lenton
coal project
in Queensland.
Mylan has 99 percent
stakes in 5 LLCs that own refined
coal plants: Canton Fuels Company
in Illinois, Chouteau Fuels Company
in Oklahoma, Deogun Manufacturing Company
in Utah, Marquis Industrial Company
in Indiana and Powder Street LLC
in West Virginia.
The Yancoal transaction followed the $ US606 million sale of Rio's 40 per cent
stake in the Bengalla
coal mine to New Hope, and the $ US220 million sale of the Mt Pleasant
coal project
in NSW
in 2016.
Avista owns a 15 - per - cent -
stake in two of the four units at the Colstrip plant
in Montana — a major
coal - mining state — and plans to use them for electricity production until 2035, said a spokesperson for the company that also operates hydroelectric dams, natural gas and biomass generating plants and wind turbines.
The Japanese firm already has
stakes in gas fields
in eastern Australia, where it has worked closely with AWE, and also owns
stakes in liquefied natural gas projects
in Western Australia, as well as
coal and iron ore mines.
Keeping
in mind the enormous
stake that panel members ExxonMobil and Shell have
in the oil, natural gas and
coal industries, here is a look at the panel's take on why oil and
coal have been so difficult to replace by the following alternative energy sources: Natural gas ExxonMobil favors boosting the U.S.'s consumption of natural gas,
in part, because it produces at least 50 percent less greenhouse gas per hour when burned compared with
coal, Nazeer Bhore, ExxonMobil senior technology advisor, said during the panel.
This misguided belief can be traced to a major mistake made
in the 1980s
in energy and trade policy, to
stake Australia's competitiveness on
coal exports.
On Dec. 7, 2011, Peabody said it bought a 5.1 percent
stake in Winsway, a company that specializes
in importing Mongolian coking
coal into China for use
in the steel industry.
[104] The Economic Times reported that
Coal India hopes to reach agreement on Peabody Energy Australia spinning the Wilkie Creek Mine off into an unlisted stand alone company
in which it would be a 15 %
stake.
In the most dramatic example, the Anglo - Australian giant Rio Tinto in July sold its stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billio
In the most dramatic example, the Anglo - Australian giant Rio Tinto
in July sold its stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billio
in July sold its
stake in the world's most expensive coal mine in Mozambique — effectively writing off more than $ 3 billio
in the world's most expensive
coal mine
in Mozambique — effectively writing off more than $ 3 billio
in Mozambique — effectively writing off more than $ 3 billion.
Fukushima presented an opportunity for AGL Energy because it meant that Tepco, the plant's operator, was no longer
in a position to invest
in Loy Yang A and was a distressed seller of its one third
stake in Loy Yang A. AGL Energy, which already had a 32.5 per cent
stake in the plant, says Loy Yang A will remain one of the lowest cost generators
in the NEM because of cheap
coal at the doorstep — it pays just $ 6 / t for brown
coal, which would give it a massive advantage over black
coal generators
in NSW, which are facing costs of $ 45 / t and will go higher
in future years.
AGL will spend $ 448 million
in equity to lift its
stake to 100 per cent, and will then negotiate with bankers for a refinancing of the
coal mine.
As a March newsletter sent out by the European Energy Forum (EEF) details, Moore was invited as the main speaker at the dinner hosted by EURACOAL on 2 February
in Strasbourg entitled «Climate Demons or Climate Gods:
Coal Industry
Stakes Its Future».
Like many other utilities around the country that are facing ever - tightening federal emission limits, Dominion is shifting away from
coal and embracing wind power
in addition to its already large
stake in natural gas.
With literally tens of billions of dollars of annual profits at
stake — for example, ExxonMobil alone reported $ 22.6 billion
in profits
in the first half of 2008 — the
coal and oil industries are desperately spending hundreds of millions of dollars to shape and mobilize public and elite opinion.
Stopping any new
coal export off the West Coast continues to be a major
stake in the ground for the climate movement.
Michaels» web publication, World Climate Report, and its skeptical predecessors have been heavily funded by
coal and electric utility industries with a large financial
stake in preventing regulation of greenhouse emissions.
Heavy pollution from
coal power stations is forcing officials to consider alternative forms of energy — and raising the
stakes for the country's seven pilot emission trading schemes, the first of which launched
in Shenzhen on June 18.
But the
coal industry and outside environmental activists, each
in a quite different way, see global issues at
stake on Cherry Point, the stretch of rocky beachfront north of downtown.
George Soros just bought a huge
stake in a couple of
coal companies, Peabody Energy and Arch C
coal companies, Peabody Energy and Arch
CoalCoal.
Citizens from aross the Czech Republic are mobilising to protest the government's plan to break its long - held promise not to expand
coal mining
in North Bohemia, with the futures of two small cities
in the north of the country at
stake.
With
coal plants built
in civilisation heritage sites, even our past is at
stake.
The
stakes are high, particularly
in view of the Obama EPA's war on
coal mining,
coal - fired power plants, businesses and industries that require reliable, affordable electricity — and families, communities and entire states whose jobs, health and welfare will suffer under this anti-fossil fuel agenda.
In fact, Tata bought a 30 % stake in two Indonesian coal - mining units for $ 1.3 billion in April 2007 in order to secure the coal resources for the Mundra plan
In fact, Tata bought a 30 %
stake in two Indonesian coal - mining units for $ 1.3 billion in April 2007 in order to secure the coal resources for the Mundra plan
in two Indonesian
coal - mining units for $ 1.3 billion
in April 2007 in order to secure the coal resources for the Mundra plan
in April 2007
in order to secure the coal resources for the Mundra plan
in order to secure the
coal resources for the Mundra plant.
Chief Power, an affiliate of ArcLight Energy Partners Fund V, is the financial vehicle for ArcLight's
stakes in Exelon's portions of two
coal plants it divested
in 2015, the 1,711 MW Keystone and the 1,711 MW Conemaugh plants
in western Pennsylvania.
If they are astroturfers for Big Oil interests, then they would become more prominent after nuclear liberalization, as AGW campaigners would be an existential threat to Big Oil's
stake in the electricity generation field once the main competitor was zero - carbon nuclear rather than high - carbon
coal.
The activists demonstrated the role that Pepco Holdings plays
in the destruction of mountains and valleys
in Appalachia by enacting a fight between
coal and a
coal - burning power plant and wind energy, with the mountains and the planet representing the
stakes in the fight.
PJSLaw acted as transaction counsel to Global Business Power Corporation (GBP)'s entry
in the Mindanao power market through the acquisition of a significant
stake in a 210MW
coal - fired power plant
in...
ATEC will also assume ACR's
stake in San Ramon Power, Inc. which is developing another 105MW
coal - fired power plant
in Zamboanga City.
PJSLaw acted as transaction counsel to Global Business Power Corporation (GBP)'s entry
in the Mindanao power market through the acquisition of a significant
stake in a 210MW
coal - fired power plant
in a 210MW
coal - fired power plant
in Sarangani province.
GBP, an associate of Metro Pacific Investments Corp. (MPIC), has entered into an agreement with Alsons Consolidated Resources, Inc. (ACR) to acquire, subject to the fulfilment of certain conditions precedent, a 50 %
stake in Alson Thermal Energy Corp. (ATEC), the holding company for the baseload
coal - fired power plant and a subsidiary of ACR.
Over the past 10 years Rozee, who is senior vice president commercial and legal affairs at Teck Resources, has been involved
in a number of large transactions, including the company's $ 14.8 - billion purchase of the Fording River
coal mine and its $ 825 - million sale of its
stake in the Waneta hydro - electric dam.
Over the past 10 years Rozee has been involved
in a wide variety of prominent deals, including the company's $ 14.8 bn purchase of the Fording River
coal mine and its $ 825m sale of its
stake in the Waneta hydro - electric dam.
India's Adani has appointed Morgan Stanley to advise on the possible sale of a
stake in its Abbot Point
coal port
in Australia, as it looks to raise funds to help finance a $ 6.2 billion mine, rail and port project.