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Tag Archives: Fossil Fuels

Spain gets EU consent to spend $2.4BN on shutting coal mines

MADRID (AP) — Spain has won approval from European authorities to spend 2.13 billion euros ($2.4 billion) on the closure of 26 coal mines by 2018. The government expenditure includes covering production losses as the uncompetitive mines wind down, providing financial support to laid-off workers through severance payments and social security benefits, and financing safety and other works after the ...

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US Navy now requires climate change reporting from vendors

SUNNYVALE, California (AP) — The U.S. Navy on Tuesday became the first branch of the country’s military — the world’s single largest user of fossil fuels — to say it will start requiring big vendors to report their output of climate-changing greenhouse gases and work to lower it. Navy Secretary Ray Mabus announced the move at a Silicon Valley conference ...

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Coal’s in crosshairs, but Vermont not done quitting tobacco

MONTPELIER, Vt. (AP) — Vermont’s debate over divesting coal and oil from its pension portfolio appears to have smoked out an uncomfortable truth: Nearly 20 years after the state proclaimed its pension funds tobacco-free, they still contain some tobacco investments. That word came at a meeting this week of a subcommittee of the board that oversees Vermont’s public retirement funds. ...

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Clinton, Sanders race in New York takes on a tougher tone

ROCHESTER, N.Y. (AP) — When he launched his longshot presidential bid last year, Bernie Sanders often said he liked Hillary Clinton but disagreed with her on issues. A year later, the Democratic primary candidate and his supporters seem to be finding a lot less to like. At packed arenas, Sanders devotes a significant portion of his campaign speeches to his ...

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Rising GOP star in West Virginia fight for coal against EPA

West Virginia Attorney General Patrick Morrisey is shown Thursday, March 3, 2016, outside the state Capitol in Charleston, W.Va. Morrisey's coal-dependent state is helping lead a lawsuit against President Barack Obama's new clean-power rules. In February the U.S. Supreme Court issued a stay of the rules until legal challenges are resolved. (AP Photo/John Raby)

CHARLESTON, W.Va. (AP) — Patrick Morrisey, the West Virginia attorney general taking on President Obama’s clean power plan, is no stranger to the hot seat: He parlayed a love of tennis as a young adult into becoming a line judge at the U.S. Open and other tournaments, regularly standing up to second-guessing by irate players and fans. Fast forward to ...

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Anti-drilling protesters shout, disrupt oil, gas lease sale

Anti-drilling protesters shout, disrupt oil, gas lease sale

NEW ORLEANS (AP) — Protesters opposed to drilling in the Gulf of Mexico disrupted an oil and gas lease sale Wednesday, chanting and waving signs as government officials read bids from companies for the right to explore and develop fossil fuels offshore. Government officials said afterward that the sale — for tracts in the central and eastern regions of the ...

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Federal funds to aid layoff-hit Appalachian coal communities

CHARLESTON, W.Va. (AP) — Appalachian coal communities hit hard by layoffs will get $45 million in federal funding to help them diversify their economies, create new jobs and retrain workers. The Appalachian Regional Commission, the White House and the U.S. Department of Commerce announced Thursday that it’s part of a $65.8 million grant package through the Obama administration’s Partnership for ...

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January US mine inspections result in 138 citations

coal mine inspections

CHARLESTON, W.Va. (AP) — Federal inspectors issued 138 citations and four orders at U.S. mine operations in January. The Mine Safety and Health Administration says the inspections were conducted at 11 coal mines and six other mines in 12 states, including Kentucky, Virginia and West Virginia. The impact inspections began in 2010 after the Upper Big Branch mine explosion in West Virginia ...

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Consol selling coal assets, suspending dividend

Due to low energy prices, Consol Energy is selling some of its coal assets.

NEW YORK (AP) — Consol Energy Inc. is selling several mines and coal reserves to Coronado IV LLC. for $420 million. It says it will also suspend its dividend as it continues to deal with declining energy prices. Its shares rose more than 4 percent in morning trading Monday. The company is selling its Buchanan mine in southwestern Virginia, its ...

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