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Groups Hand 360,000 Signatures to Justice Department Calling for “Exxon Knew” Probe
Groups Hand 360,000 Signatures to Justice Department Calling for “Exxon Knew” Probe With the hottest October in world history recorded recently, a slew of advocacy groups have delivered 360,000 petition signatures to the U.S. Department of Justice, calling for a probe of petrochemical industry giant ExxonMobil’s history of funding climate change denial despite what the company knew about climate science. The […]
The Great Fall Of China Started At Least 4 Years Ago
The Great Fall Of China Started At Least 4 Years Ago Looking through a bunch of numbers and graphs dealing with China recently, it occurred to us that perhaps we, and most others with us, may need to recalibrate our focus on what to emphasize amongst everything we read and hear, if we’re looking to […]
Not on This Land: A Western Tribe Takes a Stand and Says No to Big Coal
Not on This Land: A Western Tribe Takes a Stand and Says No to Big Coal The Northern Cheyenne are opposing a proposed railroad that would cut through their ancestral lands to haul Montana coal to the Pacific coast for export. An e360 video reports on the Cheyenne’s fight against the railroad and the extraordinary coalition […]
As CO2 Levels Rise, Obama Still All Talk And No Action
As CO2 Levels Rise, Obama Still All Talk And No Action President Obama is once again talking out of both sides of his mouth with regard to the need to protect the environment. After joining Facebook last week, the President used his very first video post to address the issue of climate change. The President said in the […]
Report: How Coal and Gas Industry Get Their Way In Fossil Fuel Rich Queensland
Report: How Coal and Gas Industry Get Their Way In Fossil Fuel Rich Queensland Where and how should the public expect negotiations between fossil fuel industries and governments be carried out? What kind of relationships should exist between fossil fuel corporations and the politicians and public servants who are part of the decision-making process that those […]
Peabody Energy ‘Experts’ Sow Doubt About Reality of Climate Change
Peabody Energy ‘Experts’ Sow Doubt About Reality of Climate Change According to publicly available court records, US coal company Peabody Energyrecently submitted expert testimony to the Minnesota Public Utilities commission arguing that, ”CO2 is not harmful and is actually good for the planet” and that “there is no empirical scientific evidence for significant climate effects of rising CO2 levels, […]
Is Natural Gas As Clean As We Think?
Is Natural Gas As Clean As We Think? This week U.S. President Barack Obama took aim at the American coal industry as part of a comprehensive climate change plan to limit air emissions from what many consider the country’s worst polluter. Under the plan, states will have until 2030 to cut CO2 levels by a third from […]
Pop Goes The Alpha ( Natural Resources)
Pop Goes The Alpha ( Natural Resources) If you want a cogent metaphor for the central bank enabled crack-up boom now underway on a global basis, look no further than today’s scheduled chapter 11 filling of met coal supplier Alpha Natural Resources (ANRZ). After becoming a public company in 2005, its market cap soared from practically nothing to $11 billion […]
Peabody Energy to White House: Greenhouse Gas a ‘Non-Existent Harm’
Peabody Energy to White House: Greenhouse Gas a ‘Non-Existent Harm’ In an official submission to the White House earlier this year, U.S. coal giant Peabody Energy claims that greenhouse gas is a “non-existent harm” and a “benign gas that is essential to all life.” The March 2015 submission from Peabody further claims that “while the benefits of carbon […]
A Clash of Green and Brown: Germany Struggles to End Coal
A Clash of Green and Brown: Germany Struggles to End Coal A recent battle over imposing a “climate fee” on coal-fired power plants highlights Germany’s continuing paradox: Even as the nation aspires to be a renewable energy leader, it is exploiting its vast reserves of dirty brown coal. The hole in the landscape that opens up […]
A Bad Week For Coal Mining Industry, Even Worse for Peabody Energy
A Bad Week For Coal Mining Industry, Even Worse for Peabody Energy It’s been a really bad week for major U.S. coal companies as we head into the July 4th holiday weekend. St. Louis-based Peabody Energy (NYSE: BTU) closed today at $1.87 a share, down from a high of $84 per share in mid-2008. The company’s chief financial officer Michael C. Crews […]
Are Coal, Oil and Gas the Subprime Assets of the Future?
Are Coal, Oil and Gas the Subprime Assets of the Future? That question was actually asked by British Secretary of State for Energy and Climate Change Ed Davey last year, and its ramifications are extensively explored in a provocative report released today by the Center for International Environmental Law, a Washington, D.C. think tank. According to CIEL, the answer […]
Renewable Energy Will Not Support Economic Growth
Renewable Energy Will Not Support Economic Growth Container terminal image via shutterstock. Reproduced at Resilience.org with permission. The world needs to end its dependence on fossil fuels as quickly as possible. That’s the only sane response to climate change, and to the economic dilemma of declining oil, coal, and gas resource quality and increasing extraction costs. […]
