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The Unwelcome Reality For U.S. Coal Exports

November 24, 2014

The Unwelcome Reality For U.S. Coal Exports.   While the oil and gas industry likes to claim that fracking is not an especially water intensive process, a new report has found that there are more than 250 wells across the country that each require anywhere from 10 to 25 million gallons of water.The American Petroleum Institutesuggests that the typical fracked […]

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Australia Pushes Ahead With Coal Despite Climate Concerns – Bloomberg

November 17, 2014

Australia Pushes Ahead With Coal Despite Climate Concerns – Bloomberg. Australia’s Queensland state threw its support behind plans for the nation’s largest coal project, two days after U.S. President Barack Obama called on the country to step up the fight againstclimate change. The state will help fund a 388-kilometer (241-mile) rail line to link Adani Enterprises Ltd. (ADE)’s […]

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Peabody Energy Goes On Offense With New PR Campaign Designed To Sell Same Old Dirty Coal | DeSmogBlog

November 16, 2014

Peabody Energy Goes On Offense With New PR Campaign Designed To Sell Same Old Dirty Coal | DeSmogBlog. Despite what you may have heard about the death of the coal industry, Peabody Energy is ramping up mining activities and going on the offensive, pushing “clean coal” on the world’s poor with a disingenuous but aggressive PR campaign. And […]

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Depression-Level Collapse In Demand: In Historic First, Glencore Shuts Coal Mines For 3 Weeks | Zero Hedge

November 15, 2014

Depression-Level Collapse In Demand: In Historic First, Glencore Shuts Coal Mines For 3 Weeks | Zero Hedge. In a historic move showing just how profound the collapse in global commodity demand and trade is, earlier today the Sydney Morning Herald reported that Australia’s biggest coal exporter Glencore, which last year concluded its merger with miner Xstrata creating […]

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Energy Economics – Crash Course Chapter 19 | Peak Prosperity

October 26, 2014

Energy Economics – Crash Course Chapter 19 | Peak Prosperity. The central point to this latest video is this: as we’ve shown in previous chapters of the Crash Course, our global economy depends on continual growth to function. And not just any kind of growth; but exponential growth. But in order to grow, it must receive an […]

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Falling Coal Prices Wreaking Havoc With Corporate Balance Sheets

October 24, 2014

Falling Coal Prices Wreaking Havoc With Corporate Balance Sheets. The slide in oil prices has raised speculation that oil companies in the U.S. could be forced to cut back on production, but a market slump in another commodity is also putting pressure on producers. Coal markets are currently experiencing a supply glut that is showing […]

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