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World Bank rejects energy industry notion coal can cure poverty

2015-07-30 15:05:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: 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 worlds poorest countries, in local health impacts as well as climate change, which is imposing even graver consequences on the developing world. In general globally...

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Maintaining grid stability in light of coal plant shutdowns

2015-07-29 22:13:00| Transmission & Distribution World

Chances are, you are already well aware of the onslaught of coal plant shutdowns due to environmental concerns, regulations and the capital cost of upgrading aging assets. read more

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Norfolk Southern's 2Q profit drops 23 percent as coal slows

2015-07-27 20:55:34| Railroads - Topix.net

Norfolk Southern's 23 percent drop in second-quarter profit follows the same story line as other railroads seeing a sharp decline in coal shipments. Norfolk Southern posted $433 million net income, or $1.41 per share.

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Coal Ash Bill Clears U.S. House

2015-07-26 22:45:00| Waste Age

TV Newsroom The House has approved a bill granting states authority to regulate waste generated from coal burned for electricity. read more

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Australia: Fracking ban incites 'fear, concern' about coal seam gas, inquiry told

2015-07-23 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Australian Broadcasting Corporation: Successive Victorian governments have incited "fear and concern" in the community about coal seam gas exploration by imposing a lengthy ban on fracking, a parliamentary inquiry has been told. The Inquiry into Unconventional Gas is considering how to regulate a potential coal seam gas industry in Victoria and whether a statewide ban on the extraction process known as "fracking" should be retained. Energy producers told the inquiry the fracking moratorium, introduced in 2012, should be lifted...

Tags: australia told gas fear

 

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