Peabody Energy

Thu, 2014-07-31 13:42Steve Horn
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Documents: Cheniere Fuels ALEC’s New Push for Fracked Gas Exports

Today, legislative and lobbyist members of the American Legislative Exchange Council (ALEC) voted on model legislation promoting both exports of gas obtained via hydraulic fracturing (“fracking”) and vehicles powered by compressed natural gas (CNG)

Dubbed a “corporate bill mill” by its critics, ALEC is heavily engaged in a state-level effort to attack renewable energy and grease the skids for exports of U.S. oil and gas. Today's bills up for a vote — as conveyed in an ALEC mailer sent out on June 25 by ALEC's Energy, Environment and Agriculture Task Force — are titled “Resolution In Support of Expanded Liquefied Natural Gas Exports“ and “Weights and Measures and Standards for Dispensing CNG and LNG Motor Fuels.” 

An exclusive investigation conducted by DeSmogBlog reveals that Cheniere — the first U.S. company to receive a final liquefied natural gas (LNG) export permit by the U.S. Federal Energy Regulatory Commission (FERC) — has acted as the lead corporate backer of the LNG exports model resolution. 

Further, Clean Energy Fuels Corporation, owned by energy baron T. Boone Pickens, of Pickens Plan fame, and trade associations it is a member of, served as the main pusher of the CNG model resolution.

ALEC has served as a key vehicle through which the fracking industry has curried favor and pushed for policies favorable to their bottom lines in statehouses nationwide. Now ALEC and its corporate backers have upped the ante, pushing policies that will lock in downstream demand for fracked gas for years to come. 

With Cheniere becoming an ALEC dues-paying member in May 2013 and with America’s Natural Gas Alliance (ANGA) — the fracking industry's tour de force — crowned an ALEC member in August 2013, it looks like many more fracking-friendly model bills could arise out of ALEC in the months and years ahead.

Thu, 2014-04-10 12:52Ben Jervey
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Campus Discontent: Washington University Students Sit-In Against Peabody, Harvard Faculty Call for Divestment

It's a busy week in the campus fossil fuel divestment movement. 

A “sit in” by students at the Washington University of St. Louis enters its third day today. The protestors have camped out underneath their campus's Brookings Archway since Tuesday, demanding that the school cut ties with Peabody Energy — the world's largest private coal company — and its CEO Greg Boyce. 

Boyce was named to WU's Board of Trustees in 2009. One year earlier, Peabody gave the university millions of dollars to help create the Consortium for Clean Coal Utilization. (Along with Arch Coal, who also kicked in, the investment was roughly $5 million.) 

According to Caroline Burney, a senior at Washington University, the sit-in only became necessary after many other attempts for dialogue with the school's administration were exhausted. Burney writes: 

Peabody Energy CEO Greg Boyce also holds one more distinction: member of the Washington University Board of Trustees. Since Boyce was placed on the board in 2009, students have been actively organizing against Peabody Energy’s presence on campus. We have demanded that Boyce be removed from the Board of Trustees and that the University change the name of the “Consortium for Clean Coal Utilization,” a research entity to which Peabody and Arch Coal donated $5,000,000. We have met with the Chancellor – multiple times. We have dropped banners at coal events, peacefully disrupted speeches by Greg Boyce on campus, marched through campus and taken our demands to Peabody’s headquarters. We have protested with residents from Black Mesa, collected signatures for the Take Back St. Louis ballot initiative and rallied with the United Mine Workers in their fight against Peabody.

But, five years later, Boyce is still on the board, the name of the Clean Coal Consortium remains unchanged, and Chancellor Wrighton continues to stand behind Peabody Energy. Indeed, just this week he emailed us saying, “your opinion that peabody energy behaves in an ‘irresponsible and unjust manner’ is not one that I share.” The Administration has successfully used a “deny by delay” process by holding town hall meetings and developing task forces around renewable energy and energy efficiency while ignoring the role that coal plays on the campus.

Thu, 2014-02-20 15:22Mike G
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Peabody Energy Faces Popular Revolt at Illinois EPA Coal Hearing

Last night, at an Illinois Environmental Protection Agency hearing about a water quality permit for the expansion of a Peabody Energy strip mine in Rocky Branch, IL, local residents made it clear that they've had enough of the coal industry's destructive presence in their community.

According to writer Jeff Biggers, residents outnumbered Peabody supporters four-to-one among those willing to make public comments, and they had one overriding message: “We the people of Rocky Branch,” one resident, Jennifer Dumberis, said, “we will decide what happens to us and our civil rights—not Peabody.”

This is not the first time Illinois residents have taken their concerns directly to Peabody and the regulatory bodies who are failing to protect Illinois communities from the impacts of the company's mining operations. Residents have presented ample evidence of what has been done to Cottage Grove township, which is adjacent to the strip mine Peabody is seeking to expand: blasting that is like “small earthquakes”toxic coal dust that seeps through cracks in their homes caused by the blasts, and polluted waterways that some residents fear will eventually make their homes uninhabitable altogether.

Peabody had already started clearcutting the area intended to become its Rocky Branch Mine, just south of the Cottage Grove strip mine, but federal regulators stepped in and ordered Peadody to stop logging immedately because it was being done in violation of the law.

It's unclear what, if any, benefits Peabody can offer the residents of Rocky Branch should its strip mine be allowed to expand. No jobs are expected to be created, and the state already loses an estimated $20 million annually to support the coal industry.

Citizen action to hold coal companies and regulators accountable is more important than ever in Illinois, as the coal industry does not seem to be waning in the state. Even while coal is losing market share across the country and renewable energies like wind power are rapidly achieving cost parity (in fact, wind is already cheaper than coal in Iowa, Illinois' neighbor), Illinois just received a $1 billion grant from the U.S. Department of Energy to continue the controversial “clean coal” project FutureGen.

Thu, 2014-02-13 10:56Ben Jervey
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St. Louis Judge Cites Citizens United to Protect Tax Breaks for Peabody Energy

With the quick stroke of a pen, a circuit court judge in St. Louis has singlehandedly silenced more than 22,000 city residents, who had sought to bring a ballot initiative to end tax breaks to fossil fuel companies to a citywide vote in April.

Last summer, volunteers with the Take Back St. Louis coalition gathered over 22,000 signatures to put onto the ballot a measure that would amend the city’s charter to include a “Sustainable Energy Policy” and end taxpayer-funded support of fossil fuel companies.

According to Take Back St. Louis, the “proposed charter amendment would end public financial incentives, such as tax abatements, to fossil fuel mining companies and those doing $1 million of business with them per year, and requires the city to create a sustainable energy plan for renewable energy and sustainability initiatives on city-owned vacant land.”

On Tuesday, Judge Robert Dierker sided with Peabody Energy (in a decision you can read here) to grant a temporary restraining order that would, in essence, keep the initiative off the April 8th ballot.

First declaring the initiative “facially unconstitutional,” Judge Dierker proceeded to cite the Citizens United decision in explaining why the policy would represent a “patent denial of equal protection” to fossil fuel energy companies.  Specifically, Judge Dierker wrote:

business entities (which, after all, are a species of associations of citizens coming together in the exercise of economic freedom) are entitled to constitutional protection as citizens and may not arbitrarily be denied basic legal rights. See Citizens United v. Federal Election Comm., 558 U.S. 310 (2010).

The proposed initiative and judge’s decision have implications far beyond the city of St. Louis. Peabody Energy, the largest privately-owned coal mining company in the world, is headquartered in St. Louis, and received tax breaks of over $61 million from the city in 2010. The Take Back St. Louis coalition was hoping to target future giveaways, arguing that the public funds would be much better spent on underfunded local services like schools.

Thu, 2014-02-06 19:34Graham Readfearn
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Coal Industry Report On Social Cost Of Carbon Relies On Climate Science Denial

The American Coalition for Clean Coal Electricity (ACCCE) seems a confusing and confused organisation of major coal miners and burners - even if you only consider its oxymoronic title.

When the industry group was launched in 2008, the message was that coal — the largest source of greenhouse gas emissions from fossil fuel burning globally — could be part of the future.

I believe we can limit greenhouse gases,” declared one of the wholesome American citizens depicted in the ACCCE television adverts.

One can only presume that the ACCCE has now dropped its hopes of limiting greenhouse gases, given that its latest “landmark report” claims the benefits to society of putting extra carbon dioxide into the atmosphere massively outweigh the costs. Surely the message should be, “burn baby, burn”?

The Social Costs Of Carbon? No, The Social Benefits Of Carbon report by ACCCE claims the benefits of adding extra CO2 to the atmosphere are between 50 and 500 times higher than the costs.

But the report attacks climate change science using sources as ideologically tainted as the Heartland Institute – an organisation which once ran a billboard campaign with a picture of Unabomber Ted Kaczynski to claim that the “most prominent advocates of global warming aren't scientists. They are murderers, tyrants, and madmen.”

At its core, the ACCCE report is one long misrepresentation of the impact of coal on the planet, from its effects on growing food crops to raising sea levels to fuelling risk-laden climate change.

Mon, 2013-12-16 14:56Caroline Selle
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Carbon Emissions And Financial Risk Concentrated In 90 Top Emitters Responsible For 60% Of Emissions

A survey released last week indicates many major institutional investors, such as retirement funds and insurance companies, are putting their investments at risk by neglecting to address the negative financial impacts posed by climate change.

It’s no wonder that some of these investments are dicey when you consider the findings of another paper released last month, which indicated 90 companies are responsible for two-thirds of manmade carbon emissions. That’s not just a huge concentration of carbon emissions — it’s a concentrated dose of financial risk.

Published in the journal of Climatic Change, the report, “Tracing anthropogenic carbon dioxide and methane emissions to fossil fuel and cement producers, 1854–2010,” uses public records and data from the U.S. Department of Energy to calculate emissions based on the companies’ entire supply chains.

All but seven of the 90 companies identified are part of the fossil fuel industry.

Nearly 30 percent of emissions were produced by just the top 20 companies. Together, ExxonMobil, Chevron, BP, Royal Dutch Shell, ConocoPhillips and Peabody Energy, all investor-owned companies, are responsible for more than 13 percent of manmade carbon emissions.

These companies also have a disproportionate amount of political influence in North America. In the United States alone, ExxonMobilChevron and BP have contributed more than $12 million to lawmakers since 1999.

Half of the emissions traced by the report were produced in the last 25 years, when awareness of global warming was increasing. Concerted efforts to deny climate science and halt climate policy began in the early 1990s. As an updated Greenpeace report released in September 2013 shows, the climate denial machine has its roots in Exxon’s funding of front groups.

Wed, 2012-10-03 07:47Farron Cousins
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Top Romney Advisor Touts Coal, Fails To Mention His Role As Coal Lobbyist

Jim Talent, a former Republican Senator and one of Mitt Romney’s top campaign advisors, has played an instrumental role in the Romney camp’s positions on energy.  Specifically, Talent has pushed for greater consumption and mining of coal to meet America’s energy needs.

What the campaign failed to mention is that the lobbying firm that Talent is still on the payroll with lists one of the largest coal-producing companies in the country as one of its top clients. 

And although Talent is not registered as a lobbyist in Washington, D.C.(thereby making it illegal for him to engage in lobbying activities,) his website clearly states that “lobbying” is one of the services he is able to personally provide for clients.

David Halperin has the story at Republic Report:

Wed, 2012-05-30 10:16Chris Mooney
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The Big Waffle? New Report Exposes Corporations That Try to Split the Difference on Global Warming

We hear a lot about the Koch brothers. And before them, we heard a lot about ExxonMobil.

In other words, we all know the names of the corporations, and the corporate leaders, who have sought to undermine public understanding about global warming—for instance, by supporting think tanks that misrepresent the science and, in some cases, literally launch attacks against top scientists.

But you don’t hear as much about the companies that kinda waffle on the issue. That maybe give a little money to conservative think tanks, but also support lots of environmental groups. That donate to politicians on both sides of the climate battle, and sometimes take apparently contradictory stances on the issue: either on the science, or on what we ought to do about it.

A new report by the Union of Concerned Scientists, though, appears to catch some of them in the act.

The UCS sought to analyze the influence of corporate America on the debate over climate science and climate policy. So it sampled a large group of S&P 500 companies that involved themselves in two major climate policy events of the past few years: Either they commented on the EPA’s 2009 endangerment finding on greenhouse gas emissions (pro or con), or they donated to the 2010 battle over Proposition 23 in California (either for or against the ballot proposition).

This yielded a sample of 28 S&P companies, including many expected names—ExxonMobil, ConocoPhillips, Valero—but also some surprises (Nike). Then, UCS drilled down further by examining a host of other actions bearing on climate change that these companies have taken.

Tue, 2012-04-24 15:52Steve Horn
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ALEC Launches Assault on Renewable Energy Industry

The American Legislative Exchange Council (ALEC), as covered previously by DeSmogBlog, is the “Trojan Horse” behind mandating that climate change denial (“skepticism,” or “balance,” in its words) be taught in K-12 classrooms.

Well, ALEC is at it again, it appears. Facing an IRS complaint filed by Common Cause, one of the leading advocacy groups working to expose the corporate-funded bill mill, ALEC has also launched an assault on renewable energy legislation, according to a well-documented report written by Bloomberg News.

The two developments are worth unpacking.

Common Cause IRS Complaint

The Washington Post reported that on April 23, Common Cause “had filed an IRS complaint accusing ALEC of masquerading as a public charity…while doing widespread lobbying.” 

ALEC is trying to brush aside this complaint, but Common Cause presents a compelling case.

It tells the IRS in its tax returns that it does no lobbying, yet it exists to pass profit-driven legislation in statehouses all over the country that benefits its corporate members,” said Bob Edgar, president of Common Cause, in a statement. “ALEC is not entitled to abuse its charitable tax status to lobby for private corporate interests, and stick the bill to the American taxpayer.”

Common Cause wants the IRS to complete a no-holds-barred audit of ALEC’s work and to examine whether it violated IRS laws. 

Fri, 2011-05-13 10:12Laurel Whitney
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BREAKING: Peabody Energy Threatens To Sue Yes Men For Exclusivity

See updates below the fold!
Earlier this week, Peabody Energy was the target of a genius parody website, Coal Cares™, offering free novelty inhalers to families living within 200 miles of a coal plant along with coupons for $10 off asthma medication in lieu of spending money on pollution-reducing technology at their own coal plants. The spoof site was put together by a group called Coal is Killing Kids through the Yes Lab, a spin-off of the Yes Men.

But then, Peabody decided it wasn’t fair that they were getting all the spotlight, and had their lawyers whip up a quick legal threat. But it wasn’t the expected cease and desist letter to take down the website. Rather, Peabody complained that they were unfairly targeted because while they are the largest coal company, they aren’t the only coal company causing asthma attacks in children. 

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