Below you'll find a list of all posts that have been tagged as “climate change”
Longview, WA – Arch Coal, Inc., the second largest coal supplier in the United States, announced today that it would be filing for bankruptcy protection after suffering several quarters of losses and being unable to restructure its debt. The company has been a major player in coal regions across the U.S., including Appalachia and the Powder River Basin. In the …
With many coal mining companies seeking for Chapter 11 bankruptcy, Arch Coal may also join the list considering its current debt and coal market conditions The fall in coal prices has caused many mining companies including Walter Energy, Inc. (OTCMKTS:WLTGQ), Alpha Natural Resources, Inc. (OTCMKTS:ANRZQ), Patriot Coal Corporation (OTCMKTS:PCXCQ) and others to file for chapter 11 bankruptcy. Analysts expect that …
The Northern Cheyenne Tribal Council voiced unanimous opposition Monday to the controversial Tongue River Railroad, considered crucial to developing Otter Creek coal in southeast Montana. The council, citing concerns about damage to tribal culture and the environment, voted 9-0 to oppose the $403 million railroad proposed by partners Burlington Northern Santa Fe, Arch Coal, and candy bar magnate Forrest Mars, …
In Anthony Doerr’s All the Light We Cannot See, a radio broadcaster marvels at the wonder of coal: Consider a single piece glowing in your family’s stove. See it, children? That chunk of coal was once a green plant, a fern or reed that lived one million years ago, or maybe two million, or maybe one hundred million. Can you imagine …
The World Bank said coal was no cure for global poverty on Wednesday, rejecting a main industry argument for building new fossil fuel projects in developing countries. In a rebuff to coal, oil and gas companies, Rachel Kyte, the World Bank climate change envoy, said continued use of coal was exacting a heavy cost on some of the world’s poorest …
An environmental review of a proposed coal-export facility at Cherry Point will take into account pollutants emitted by the facility, rail traffic carrying coal to the facility, and also the impact on greenhouse gases from coal burning in China, India and other export destinations. The scope of environmental review was announced Wednesday by the Department of Ecology, Whatcom County and …
The World Bank Group has just agreed to stop funding coal projects. This is welcome news as the World Bank Group has funded almost $6 billion in coal projects over the past five years. As a part of a new energy strategy which will cover the Bank’s lending, the Bank agreed that it will only fund coal projects in “rare …
As the pending decision on the Keystone XL pipeline dominates the climate focus in the United States, an even bigger carbon bomb is ticking quietly in a remote region of the American West. Big Coal and Republican lawmakers are pushing to expand mining operations on federal lands in the Powder River Basin, which straddles eastern Montana and Wyoming and holds …
As I’ve argued several times, the battle over coal-export terminals in the Pacific Northwest is the key U.S. climate fight of the next few years. Coal-port expansion is the fifth most carbon-intensive project currently planned in the world, bigger than anything else over which American politicians have control. In other words, it’s a defining issue for climate hawks. No ambiguity …
From his solar panel manufacturing facility in Marysville, Wash., Gary Shaver can see and hear passing coal trains. “The tracks are maybe a block away, and this is not a Texas block,” said Shaver, president of Silicon Energy, LLC. To get to and from his factory, workers and clients have to cross those tracks, which may soon become heavily trafficked …
