Below you'll find a list of all posts that have been tagged as “economic impacts”
By Natasha Geiling APR 29, 2016 2:45 PM Cowlitz County and the Washington State Department of Ecology have finally released the draft of their long-awaited Environmental Impact Statement regarding a proposed coal export terminal in Longview, Washington. Located just two hours north of Portland, Oregon, along the Columbia River, the proposed terminal would ship a maximum of 44 million metric tons …
By Samantha Wohlfeil MAY 9, 2016 11:09 AM The proposed coal terminal at Xwe’chi’eXen, also knows as Cherry Point, Wash., is dead in the water after the U.S. Army Corps of Engineers issued a landmark decision and denied a federal permit Monday, May 9. The Corps ruled the project would impact the treaty-protected fishing rights and ancestral lands of Lummi Nation. Lummi members cheered the announcement …
Peabody is left with holdings in both the US and Australia with mounting costs and no potential buyers SEATTLE, WA – In the latest setback for the global coal industry, Peabody Energy, Inc., the world’s largest private-sector coal company, announced today that it has filed for bankruptcy. A sustained downturn in both domestic and international coal markets had left the …
Photo: Dustin Bleizeffer/WyoFile Longview coal terminal plans more dire with Longview, WA — Arch Coal, Inc. has asked Montana Department of Environmental Quality to suspend all work on their permit application for the Otter Creek Mine, and is closing their Otter Creek Coal offices. Arch Coal’s announcement follows the company declaring bankruptcy in January. Arch Coal owns a 38% interest …
By Lynda V. Mapes , Hal Bernton Seattle Times reporters Coal-export terminals proposed at Cherry Point in Whatcom County and in Longview, Cowlitz County, are irrelevant because Asian coal markets are so weak, according to an industry analyst who has offered some of the industry’s most bullish forecasts. Asian coal markets are so weak that two export terminals proposed for Washington once …
Statement from Beth Doglio, Co-Director of the Power Past Coal coalition, on President Obama and Secretary Sally Jewell’s moratorium on coal leases on federal lands Contact: Kimberly Larson, 206-388-8674 “On the heels of collective climate action in Paris and Arch Coal declaring bankruptcy, this moratorium is yet more writing on the wall that it’s time to get off coal once and …
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 …
UW study in the Columbia River Gorge also finds 1 in 20 coal trains is a “superduster” November 23, 2015: Coal trains emit nearly double the amount of pollution compared to freight trains, according to a report released by the University of Washington today. The results of the study confirm what Gorge landowners, tribal fishers, and recreationists have observed firsthand …
Two competing messages clashed in Longview on Monday: One said a proposed $643 million coal terminal is a way to inject 135 family-wage jobs into a struggling local economy and reduce Asian reliance on “dirty coal.” Another warned the coal terminal is a risky project that would clog rail traffic, introduce new health hazards and worsen climate change. Amid protests, …
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 …
