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Non-Renewable Archives
Follow The Money: Coal
Jul 23 2015 01:30 PM | eds in Non-Renewable
Deutsche Bank highlights just how dramatic the renewable energy revolution, . . . instigated by the India's Modi government in solar alone, . . . will outstrip that of coal generation in 3 years. That, in turn, will have a significant impact on coa...
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Oil Prices Will Most Likely Go
Jul 24 2015 04:00 PM | eds in Non-Renewable
The United Arab Emirates’ Energy Ministry, . . . has decided to terminate gasoline subsidies, . . . as the country’s economy is being negatively affected, by low oil prices. Gasoline in the UAE is equivalent to, . . . $1.78/gallon and the policy...
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€100 Billion Subsidies For Uk Nuclear
Jul 25 2015 05:25 PM | eds in Non-Renewable
The relatively recent decision by the European Commission to approve roughly, . . . €100 billion in subsidies for the Hinkley Point C nuclear energy project in the UK, . . . is already being legally challenged, via an alliance of 10 companies, . . . wh...
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Australia Coal & Oil
Jul 26 2015 09:50 AM | eds in Non-Renewable
Oil prices hovered over $100 per barrel, . . . but with its excessive production, paired with falling demand, . . . prices have fallen almost 50%. Coal prices, due to a similar over-production of supply, . . . continues to decrease in value, and t...
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Taxpayers Mine Rehabilitation Problem
Jul 31 2015 02:45 PM | eds in Non-Renewable
The U.S. coal sector is in financial distress, . . . Peabody Energy, 5 years ago, the stock market currently valued the company at, . . . $18 billion market capitalization, but, today it is worth only, . . . $350 million. Meanwhile: . . . Al...
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Nasa | A Year In The Life Of Earth's Co2
Aug 02 2015 12:30 PM | eds in Non-Renewable
NASA | A Year in the Life of Earth's CO2
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$65,000,000,000.- (Billion) Dollars
Aug 02 2015 01:45 PM | eds in Non-Renewable
ATLANTA: Plant Vogtle’s proposed nuclear expansion with new units 3 and 4, . . . will cost an estimated $65,000,000,000.- (Billion) Dollars. How much will Fukushima Cost to clean up? And who pays for that? . . . Estimates of the total economic l...
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Arkansas Coal Plant To Close?
Aug 08 2015 02:50 PM | eds in Non-Renewable
Arkansas utility’s response to the EPA, Entergy’s proposal, . . . calls for the eventual shutdown of its coal-fired operations, . . . at the White Bluff Electric Station in Jefferson County, . . . instead of over $2 billion in scrubber technology...
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Coal Industry Stranded Assets
Aug 08 2015 03:20 PM | eds in Non-Renewable
Queensland, Australia Sumitomo, just sold it's 1/2, to Stanmore Coal for a single dollar. . . . that they bought for $A430 million in 2012, . . . in the Isaac Plains coking-coal mine. Hamm, Germany RWE has offered to pay €1 to the 23 municipa...
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Shell Leaves Alec
Aug 10 2015 05:25 PM | eds in Non-Renewable
Considering that Shell, . . . is the 6th largest historical producer of industrial carbon emissions, . . . may soon sever ties with the American Legislative Exchange Council (ALEC), . . . a U.S.-based lobbying group, who's stance on climate change,...
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Fossil-Fuel Divestment
Aug 12 2015 11:35 PM | eds in Non-Renewable
Divesting from fossil fuels, is a strategy that investors of any size can take, . . . to minimize the carbon footprint of their investment portfolio, and . . . divested funds can be reinvested in a broad range of financial products, . . . that can faci...
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Coal
Aug 14 2015 12:00 AM | eds in Non-Renewable
About 39% of U.S. electricity, . . . is generated by burning coal. The United States’ dependence on coal, cost the public, . .. “a 1/3 to 1/2 of a trillion dollars annually." 08-14-2015 Source: Coal
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Follow The Money: Banks Not Into Coal
Sep 03 2015 03:45 PM | eds in Non-Renewable
National Australia Bank, has become the 14th major financial group, . . . (after the Commonwealth Bank, . . . which in August abandoned its role as financial advisor for the project) . . . to rule out funding the development of a mega-coal mine, . . ....
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Fracking-Related Earthquakes In Ohio & Okla...
Sep 06 2015 01:10 PM | eds in Non-Renewable
Environmental groups now threatening to sue, . . . the Environmental Protection Agency, . . . over failure to prevent the ongoing earthquakes. One of the main risks of that toxic mix of water, sand and chemicals is earthquakes. . . . Oklahoma, which h...
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Disruptive Oil Futures
Sep 10 2015 08:00 PM | eds in Non-Renewable
What if oil companies' biggest threat came not from dropping prices, . . . but from disappearing demand?
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Usa Coal Forecast
Sep 14 2015 12:55 PM | eds in Non-Renewable
USA Energy Information Agency (EIA) forecast on coal. The EIA attributes the cause's of falling coal consumption to be: . . . . . . Lower natural gas prices, . . . . . . Mercury and Air Toxics Standards (MATS) and . . . . . . Renewables, . . . b...
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San Diego Says No To Spent Nuclear Fuel
Sep 16 2015 06:30 PM | eds in Non-Renewable
As San Onofre Nuclear Generating Station is decommissioned, . . . a 1,400 metric ton, nuclear fuel waste dump is being built, . . . 600 feet from the Pacific Ocean, and . . . roughly the same distance from Highway I-5. San Diego says, "Not In My B...
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Chinese Coal Lays Off 100,000 Workers
Sep 28 2015 05:15 PM | eds in Non-Renewable
A Chinese coal mining company has announced, it is laying off, . . . 100,000 workers, accounting for approximately 40% of its labor force. As the industry remains on a downward trend, . . . job cuts were an attempt to “stop bleeding” the company, . ....
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Coal Prices
Oct 02 2015 06:55 PM | eds in Non-Renewable
1/2 of the world’s coal, . . . isn’t worth digging out of the ground at current prices, . . . according to Moody’s Investors Service. The global metallurgical coal benchmark, . . . has fallen to the lowest level in a decade, . . . settling last month...
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Follow The Money: Oil
Oct 02 2015 07:05 PM | eds in Non-Renewable
Oil giant BP Plc's, 2nd-quarter cash flow dries up, . . . so they lowered planned spending. Other Oil companies also look to cash flow, and spending. 10-2-2015 Source: Follow the Money: Oil
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Renewable Energy Is Cheaper Than Coal
Oct 22 2015 12:40 PM | eds in Non-Renewable
Coal consumption in China, dropped by 2.9% in 2014, and . . . is falling quickly in the EU and USA. Decreasing demand is lowering coal prices, . . . squeezing coal mining companies’ profits across the globe. Coal utilities are forced to cancel global...
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Oil Companies: Face Debt Default
Nov 08 2015 10:05 PM | eds in Non-Renewable
The U.S. shale oil boom, lured Oil companies to load up on massive amounts of debt. . . . Now oil is down around $45, and . . . no one is expecting prices to hit $100 any time soon. What that means is, . . . the likelihood of unpaid debt, . ....
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Harness The Sun
Nov 12 2015 09:50 PM | eds in Non-Renewable
“[A] power plant that relies on a carbon based fuel like: . . . . . . Coal, . . . . . . Gas, or . . . . . . Oil, . . . creates an energy deficit from the moment its fuel is extracted from the earth. Every kilowatt-hour of power, . . . is dependent on...
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Record Oil Glut
Nov 15 2015 02:00 PM | eds in Non-Renewable
A record glut of oil, . . . is set to continue into next year, and . . . maintain pressure on prices, . . . the International Energy Agency (IEA) said on Friday. Growth in global demand for oil is expected to fall in 2016, . . . as the allure of lower...
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Society 'to Be Hit By Climate Change'
Nov 16 2015 02:45 PM | eds in Non-Renewable
We emit 9 gigatons of carbon per year from our burning of fossil fuels, . . . but there's a 100 gigatons lying just under the Siberia tundra. You have many-fold larger stores of carbon in the topsoil of tropical soils, . . . or under the ice in th...
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