France ends aid for Coal exporters
The French government has announced cuts to subsidies for companies exporting coal technology abroad as the country seeks to position itself as a environemental leader ahead of high-profile climate change talks in December.
New EPA Rules Motivate Montana to Look Beyond Coal
Colstrip, Mont., is true to its name — it exists because of coal. "Our coal's getting deeper, like everywhere else, because everybody's mining. They're getting into the deeper stuff," says Kevin Murphy, who has worked in the Rosebud Mine for 15 years running a bulldozer in the open pits.
Coal scam accused brought 1.25 crore, robbed
Investigating a INR 1.25-crore robbery on September 8 in Delhi’s Kamla Market, police have found that the money belonged to R S Rungta, a director in Jharkhand Ispat Pvt Ltd (JIPL), who is on trial in the coal block allocation case. Rungta’s driver is among seven arrested for the robbery, police said Thursday. Joint Commissioner of Police (Central range) S K Gautam confirmed Rungta was the target in the robbery. Police sources said Rungta initially claimed that he lost INR 15 lakh. But he later said the exact amount was INR 1.25 crore, something mentioned in the FIR. “The complainant (Rungta’s employee Prabhay Mahto who had brought the money) told police that Rungta had asked his associate, based in Jharkhand, to send a parcel to him as he was closing a land deal in Gurgaon,” police sources said.
Feds, Duke Energy Settle on Pollution at Coal-Burning Plants
Duke Energy and the Obama Administration are settling a 15-year-old lawsuit over claims that the largest U.S. electric company violated federal clean air laws by modifying coal-fired power generators without required air pollution control equipment, company and administration officials said Thursday.
UC sells off $200 million in Coal and Oil sands investments
The UC system has sold off its endowment and pension fund holdings in coal and oil sands companies, a $200-million move that officials said Wednesday was in response to both environmental concerns and rising financial risk in those industries.
Mother of 12-yr-old sacrificed for turning Coal into refuses INR 10 lakh blood money, fights for justice
In 2014, 12-year-old Zakir was sacrificed "to turn coal into gold". The accused, Irfan, had bought a new house and found a heap of coal buried in it. Then a tantrik told him to specifically sacrifice a 12-year-old so that the coal turns to gold. He kidnapped Zakir and killed him in the new house. But after a trip to Hajj last year, Irfan admitted to his crime and offered INR 10 lakh as blood money. Zakir's mother Parveen, however, refused and has been steadfast in her resolve that only the court can do her justice.
Coal is Amazing ad becomes target for ridicule
From clean coal carolers to the Coen brothers take on coal as "a breath of fresh air" (wait, that one was a spoof), we've seen strange things happen when the coal industry tries to create a new image.
Powerful New Film Captures Big Coal’s Enduring Trauma
While recent headlines hastily declare the death of King Coal, a powerful new documentary based on seven years of investigation poignantly captures the complexities and largely overlooked stories of the enduring trauma of the coal industry on miners, their families, affected neighbors and the ravaged communities and Appalachian mountains they call home.
Cleaning Coal instead of wishing it away
The World Bank recently announced that short of exceptional circumstances, they would no longer fund coal in developing regions. The U.S. and other nations are also contemplating, if not making, similar choices, driven in part by concerns about climate change. This view may be impractical, if not myopic, given that at least for India, coal isn’t going away anytime soon. Even with a very high Renewable Energy (RE) future, there will be an inevitable growth of energy from base-load power sources, which will likely be coal.
Poor demand, excess supply sends Coal off-take ratio to multi-year lows
In a dramatic turn of events, Coal India Ltd, the biggest producer of coal in India, is facing difficulty in finding sufficient buyers on its e-auction platform. In July, only 68% of the coal offered in e-auction found takers, a note from Motilal Oswal Securities Ltd says. In July 2014, that ratio was at around 90%.
Coal output on a high but demand dries up
Just three years after India's power sector faced a fuel crisis, the domestic coal availability at thermal power plants has reached an all-time high. However, this is unlikely to translate into equivalent power availability, given that the country's power distribution companies are suffering heavy losses.
Indias Modi Tells Coal Power Plants to Subsidize Solar
Prime Minister Narendra Modi’s government has ordered some of India’s oldest coal-fired power plants to help make solar farms more competitive by bundling together electricity from both technologies for sale to the grid.