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updated Fri. April 13, 2018

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An Australian power company have signed a contract with a cryptocurrency mining firm to provide them with cheap off-grid power. The IOT Group will be building a digital currency mining hub that's actually inside a disused coal-fired power station in the Hunter Valley region. Power Plant
"Coal will go away in any place where there's a free market, for sure, because the market just forces that, the economics force it," he told me. "O.K., the federal government can change some environmental regulations, but companies are going to put in the environmental safeguards anyway. Their stockholders are ...
Burning coal used to be the primary way power companies generated the electricity needed to cool homes, run factories and brighten streets. But US ... PG&E, the parent company of Pacific Gas and Electric which serves some 16 million customers in the state, aims to boost the amount of power it gets ... CEO
In December, coal company PT Indominco Mandiri was fined 2 billion rupiah ($145,000) after it was found guilty of illegally dumping hazardous waste ... a fine of 2 billion rupiah that allows the company to return to operation while improving waste management, in our view, will not impact the corporation.

Coal baron Bob Murray issued a hysterical warning Tuesday: If U.S. coal power generation drops much further, "people are going to die in the dark." The founder, chairman, president, and chief executive of Murray Energy, America's "largest underground coal mining company," was speaking to ...
(WSAZ) -- West Virginia Gov. Jim Justice on Wednesday signed three bills that promote safety in the coal industry, drawing praise from the West Virginia Coal Association. "We are proud and grateful of the strong relationship our governor has with West Virginia coal miners. By signing these bills today, Gov.
A Colorado-based coal company with mines in Montana and Wyoming is considering restructuring options, including filing for bankruptcy protection, after ... stop with a bankruptcy, just as it didn't with other coal company bankruptcies in recent years including industry giants Arch Coal and Peabody Energy.
That's because Kentucky lawmakers just passed House Bill 2, which keeps federally approved radiologists from diagnosing the disease and leaves it mostly to doctors often employed by coal companies. "Throughout the United States, I know of nowhere where radiologists are taken completely out of the ...
BILLINGS, Mont. (AP) — Experts will discuss hard times in the coal industry at a conference in Montana. The Powder River Basin of Wyoming and Montana is the top coal-producing region in the U.S. The basin provides about 40 percent of the nation's coal. Competition from inexpensive natural gas and ...
Just six pulmonologists in Kentucky have the federal certification to read black lung X-rays and four of them routinely are hired by coal companies or their ... "I do believe the coal industry is writing this bill to exclude certain doctors that they don't like," said Phillip Wheeler, an attorney in Pikeville, Ky., who ...
A coal company owned by West Virginia Gov. ... Johnson filed Chapter 11 bankruptcy in mid-2016, as did 13 coal industry entities he owned, including Producers Coal and Moussie Processing, all of which were ... In the cases handled in Knott County Circuit Court, both companies sued Justice on Dec.
"You don't recover from the loss of 13,000 coal industry jobs [in eastern Kentucky] since 2011 overnight." Today only seven companies produce coal near Hazard, including Blue Diamond Coal, ICG Hazard and Cumberland River Coal. During the industry's heyday, dozens of companies operated mines in ...
Along with presentations on the various aspects of the initiative, ARC's Director of Planning and Research Kostas Skordas was on hand to share the findings of a recently published five-part study that the ARC commissioned on the downturn of the coal industry and the impact that the downturn has had and ...
But the industry itself remains mired in long-term decline, a downturn that one of Trump's own government agencies predicts will only worsen over time. ... At the same time, energy companies that make decisions about investments in new power plants on a decades-long basis are choosing gas over coal.

(AP) -- Major utilities have found evidence of groundwater contamination at coal-burning power plants across the U.S. where landfills and man-made ... cast into uncertainty Thursday when the Trump administration announced it intends to roll back aspects of the program to reduce the industry's compliance ...
The coal industry was less thrilled. It argued that it was not technically possible to keep within the new limits, and lobby group Euracoal, together with four German lignite companies and associations, filed a lawsuit against the European Commission in November. Now, two environmental groups have ...
Robert Murray, the CEO of America's biggest privately owned coal company, as well as associated coal companies, sued Oliver and HBO in June over a Last Week Tonight segment. This week, the presiding Judge Jeffrey Cramer granted a dismissal. “I find the arguments set forth in the Defendats' Motion to ...
A new analysis of future energy trends by Coal India Limited, the state-controlled company that produces the bulk of the developing nation's coal, finds that the falling cost of renewables, improvements in energy efficiency, and the global push to address climate change could significantly decrease demand ...
Bucshon said that the bill would also "level the playing field" between the coal industry and renewable energy, which he said has benefited from large subsidies in recent years. ... Bruce Stephens, president of the Indiana Coal Council, said that the tax credit will help companies postpone plant retirements.
Having failed to obtain bailouts for failing coal plants and mines by way of policy actions from the U.S. Department of Energy and the Federal Energy Regulatory Commission, the coal industry has now turned to its friends in Congress. Rep. Larry Bucshon Larry Dean BucshonFix 340B drug discount ...
Wyoming coal companies only added five full-time jobs between the bottom of the bust in 2016 and last year, according the Wyoming State Mine Inspector's annual ... According to the Mining Association's count last year, the coal industry lost more than 900 jobs during the downturn and about 300 returned.
In a decision dated Wednesday, West Virginia Judge Jeffrey Cramer accepted HBO's argument that Bob Murray, CEO of coal mining giant Murray Energy Corp., failed to show that Oliver had defamed him according to the law. Oliver dedicated an extended segment in June to criticizing the coal industry, with ...
A new analysis of future energy trends by Coal India Limited, the state-controlled company that produces the bulk of the developing nation's coal, finds that the falling cost of renewables, improvements in energy efficiency, and the global push to address climate change could significantly decrease demand ...
President Trump campaigned on a pledge to end the supposed “war on coal” that he claimed President Obama had been waging. But the reality is that more coal capacity was retired in the first 45 days of 2018 than in each of the first three years of the Obama administration. In fact, Bloomberg New Energy ...
They are ordinary West Virginians who have the support of their communities and are disgusted with the Republican-dominated legislature and Gov. Jim Justice, a coal company owner who is one of the state's few billionaires. So, note to Republicans: Yelling “War on Coal” may not be enough to keep you ...
BILLINGS - Since 2015, six of the nation's top coal producers have declared bankruptcy and now another industry giant is teetering on the brink. Westmoreland Coal, which owns coal mines in Montana, Wyoming, North Dakota and Texas and Alberta and Saskatchewan, in Canada, is on the edge of ...
His former clients include Robert Murray, CEO of the nation's largest coal mining company, whose wish list has set much of the agenda for the Trump ... “The idea that one of their own lobbyists would one day be a top EPA official in charge of 'regulating' the coal industry was sheer fantasy until now.”.
If a thermal power company was to receive coal in lieu of electricity, both companies would need to certify to the government the techno-commercial feasibility of the arrangement and availability of grid capacity to transfer the electricity generated from the coal receiving power company to the coal supplying ...
It's no secret that President Donald Trump has vowed to revitalize the coal industry, an industry that has been on its last legs for probably far too long. But aside from all of the obvious flaws with the president's logic to turn back the clock on fossil fuels and usher in an era of "clean coal," one major flaw has ...
Coal company Peabody Energy Corp. BTU, -0.35% said Wednesday its board has initiated a quarterly dividend of 11.50 cents a share. The dividend will be payable March 5 to shareholders of record as of Feb. 19. "The Peabody board of directors will evaluate dividends on a quarterly basis, taking into ...
UK insurer Aviva is the second-biggest investor in the Polish coal industry, the most polluting in Europe, according to a report that looks at insurance ... Aviva has invested £372.7m in Polish coal, more than any other insurance company apart from the Dutch firm Nationale Nederlanden, the report found.
Prior to his nomination, Rajkovich worked in Kentucky representing coal companies and argued cases before the commission he is nominated to ... A CNN review has shed new light on Rajkovich's work on behalf of the mining industry, including his representation of a company accused violating code by ...
The company mined some of the coal itself from its three sites in southwestern Pennsylvania, mostly in the form of traditional thermal — or steam ... But much of the coal came from other U.S. companies mining lesser-known metallurgical — or coking — coal, the high-temperature type used in steelmaking.
The coal industry remains beleaguered, with challenges from domestic and international markets. In the United States, strong competition from natural gas, stringent regulations and additional impetus to solar and wind power generation through the extension of tax credits are steadily luring away utility ...
Because revenue growth is a function of fluctuations in market-based commodity pricing, one of the few remaining opportunities for meaningful bottom-line growth is improving operational efficiencies. Applying Industry 4.0 and machine learning for predictive maintenance could help keep the coal industry ...
At a coal conference in West Virginia Wednesday, a Trump administration official said he's in Washington for one reason: to help the coal industry, according to S&P Global. Why it matters: This is an incredibly blunt, politically transparent admission of President Trump's pro-coal agenda. Politicians of all ...
A senior Trump administration official in the Energy Department told a coal industry gathering Wednesday that he aims to be a strong advocate for coal. “The good news is I'm with the federal government and I'm here to help,” Doug Matheney, a special adviser in the Energy Department's Office of Fossil ...
Nonetheless, claims of a turnaround in the coal industry persist. Granted, some gains were notched in in 2017 as companies that emerged from bankruptcy with reduced debt saw their stock prices increase. But those will be short-lived gains. If there were in fact good prospects for a coal recovery, there ...
You may recall that President Donald Trump made some ambitious and audacious campaign promises about his plans to revive America's dwindling coal industry. Two weeks ago, The Washington Post fact-checked the president's delivery on those promises after his first year in office—in multiples of ...
But the Trump administration -- arguing that the power plan could "potentially burden" the domestic production of energy like coal -- directed the EPA to scrap the plan entirely and propose a replacement. "My administration is putting an end to the war on coal," the president declared at the E.O. signing ...
The world's oldest insurance market, Lloyd's of London, is the latest member of the European insurance industry that will divest from coal, beginning in April ... In November last year, Lloyd's Corporation said that it would be implementing a coal exclusion policy for assets held in segregated portfolios as of ...
Based in Akron, Ohio, FirstEnergy owns 10 regulated distribution companies serving 6 million customers across Ohio, West Virginia, Maryland, Pennsylvania ... That breakdown hints at the difficulties facing the company, because coal and nuclear have had a hard time competing with cheap natural gas and ...
President Donald Trump pledged to revive the beleaguered American coal industry and put miners back to work. Coal production and exports ticked up in 2017, but mining employment barely budged and coal-fired power plants continued to close. The changes were largely due to market forces, not White ...
The definition of what is a coal company and the criteria for divestment will be set over the coming months. The firm has long ... It said 15 companies – almost all in Europe – have fully or partially cut financial ties by selling holdings in coal companies and refusing to insure their operations. France's Axa was ...
(Francisco Kjolseth | Tribune file photo) Crews move coal at the Levan transfer facility along Interstate 15--south of Nephi where a steady flow of trucks unload it before it is transferred to train cars. Utah Community Impact Board awarding a $50 million loan to four coal-producing counties to help build a ...
The Trump administration has been eager to prop up the US coal industry despite evidence that it's in a steep decline. ... Companies frequently face the choice of switching away from coal or refocusing on those coal operations that still have plenty of business, such as those shipping to overseas customers.
Hartley's Phoenix Mining provides coal mostly to regional cement companies. Bob Cooper, vice president of Fort Smith, Arkansas-based Farrell-Cooper Mining, which operates two open pit coal mines in Oklahoma with 100 employees, agrees with Hartley. “It would have been over if Hillary had won,” said ...


 

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