coal

Beyond Koch: Meet the Other Right-Wing Oligarchs Featured in Jane Mayer's "Dark Money"

The shenanigans of the “Kochtopus” have garnered most of the headlines — including here — pertaining to reviews of New Yorker staff writer Jane Mayer's new book, Dark Money.

But the Koch Brothers and Koch Industries' right-wing family foundation network are far from the only big money influencers featured in the must-read book which has jumped to #4 on the Best Sellers list at Amazon.com.

Enter the Scaife, Olin and Bradley family fortunes, all three of which have served as key nodes through which the right-wing have tried to reshape the public policy landscape within (and beyond) the U.S. in the years following the Cold War until present day. If those family names sound familiar to DeSmog readers, they should: we have a profile in our database for Scaife and have written fairly extensively about Olin and Bradley.

US Solar Jobs Double As Clean Energy Continues Explosive Growth Around The World

Renewable energy continued its explosive growth in 2015 — and I don’t mean explosive like an oil train accident.

A new global record was set last year with the investment of $328.9 billion in clean energy. That edged out the previous high mark, set in 2011, by 3 percent, according to Bloomberg New Energy Finance.

US Public Overwhelmingly Prefers To Protect Public Lands, Continue Developing Clean Energy

If Twitter is any indication, the court of public opinion has ruled against the armed “militiamen” who took over a wildlife refuge in Burns, Oregon.

They’ve been called #YallQueda, #VanillaISIS and #YeeHawdists, and they claim to have stormed the Malheur National Wildlife Refuge in response to the federal sentence handed down to convicted arsonist and rancher Dwight Hammond.

Hammond is considered a hero by right-wing movements in the Western United States that think it’s heroic to fight federal authorities who seek to protect lands that belong to all Americans. But, cruel hashtags notwithstanding, it wasn’t clear how much support the YeeHawdists and the pro-logging, pro-mining, pro-ranching movements that spawned them have among the general public.

Until now. Thanks to Colorado College’s sixth annual Conservation in the West Poll, we have the data.

Obama Slams Climate Deniers in State of the Union, Vague On Details For Action

White House SOTU 2016

In his final State of the Union address, President Obama made climate change one of the major themes of the evening, ridiculing those who would deny that climate change is a problem — and one that can be addressed through curbing greenhouse gas emissions from human activities.

“Look, if anybody still wants to dispute the science around climate change, have at it,” the President said in his prepared remarks. “You’ll be pretty lonely, because you’ll be debating our military, most of America’s business leaders, the majority of the American people, almost the entire scientific community, and 200 nations around the world who agree it’s a problem and intend to solve it.”

The President drew parallels between the difficulties of slashing climate change and one of the most famous scientific and engineering challenges in American history, the race to put a man on the moon.

Arch Coal Nearly Doubled Its CEO Pay As It Lurched To Bankruptcy, Drawing SEC Attention

This is a guest post by Joe Smyth from Greenpeace, originally published at Medium.

Arch Coal, the second largest coal mining company in the US, filed for bankruptcy on Monday, raising questions about the company’s reclamation obligations for its massive strip mines, its plans to export coal from the Powder River Basin to Asia, the future of its existing and pending federal coal leases, and more. While Arch Coal sold mines, cut wages, and stopped paying dividends as its fortunes fell, one area it didn’t skimp was executive compensation.

In fact, while Arch Coal shareholders (or at least those who failed to divest from the company) have lost out, Arch CEO John Eaves somehow got a big raise as his company was failing — which seems to have earned the attention of the Securities and Exchange Commission (SEC).

Coal Mining's Financial Failures: Two Thirds of World's Production Now Unprofitable

Sixty-five percent of the world's coal production is unprofitable at today's prices, a new research report by Wood Mackenzie, a commercial intelligence company often cited by investment analysts and the coal industry itself, concluded.

Both major types of coal — the coking coal used for making steel and the thermal coal burned in coal-fired electrical power plants — were included in Wood Mackenzie's analysis. The estimate may be conservative, as the group excluded some costs incurred during mining, and focused primarily on the sharp drop in the price of coal.

ExxonMobil, Peabody Coal Lobbying for Bill Preventing Climate Change Accounting in US Trade Deals

The day before global leaders and diplomats passed a climate change deal in Paris at the United Nations climate summit, the U.S. House of Representatives — in a 256-158 vote — authorized the final text of a bill that has a provision preventing climate change to be accounted for in all U.S. trade deals going forward.

That bill, the Trade Facilitation and Trade Enforcement Act of 2015 (H.R.644), now may proceed for full-floor votes in both the House and the U.S. Senate after its conference report was agreed upon. A DeSmog review of lobbying records shows the bill has received heavy fossil fuel industry support. 

Meet The Paris Climate Summit's ‘Big Energy’ Sponsor Engie

BY KYLA MANDEL AND BRENDAN MONTAGUE IN PARIS

French energy giant Engie is perhaps the most prominent and most promoted corporate sponsor of the COP21 climate talks in Paris.

Engie, formerly known as GDF Suez, can be seen everywhere from the launch of India’s Solar Alliance on Monday to a ‘wind tree’ outside the COP21 venue at Le Bourget and the white lock-boxes spread throughout the halls where attendees can charge their devices.

And today the company will lead the charge at the opening of Solutions COP21 where corporates are gathering in central Paris to promote their various climate solutions. Here, Engie will be discussing opportunities for start-ups as well as showcasing a solar-powered race car and an air purifying robot.

Coal Baron Don Blankenship Found Guilty Of Conspiring To Violate Mine Safety Standards

The verdict is in: Don Blankenship, the outspoken coal baron who was CEO of Massey Energy when the 2010 Upper Big Branch disaster in West Virginia claimed the lives of 29 coal miners, has been found guilty of conspiring to violate federal mine safety standards.

It’s a small measure of justice for the families of the fallen miners who packed the front row of the courthouse to hear Judge Irene C. Berger read the verdict.

Blankenship is facing a maximum fine of $250,000 and a sentence of one year in prison on the misdemeanor conspiracy charge. He’ll be sentenced this spring.

Divestment Movement Hits Major Milestone As World Leaders Debate Climate Action In Paris

More than 500 institutions that manage $3.4 trillion in assets have now committed to divesting holdings in fossil fuels, divestment campaign groups announced today in Paris.

As recently as September 2014, just 181 institutions managing $50 billion in assets had made some sort of divestment commitment.

350.org and Divest-Invest, two of the key groups organizing the divestment movement, announced the new additions to the growing list of divestors this morning in Paris at the UN COP21 climate negotiations.

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