Posts Tagged ‘Coal Power Plants’

Dominion Resources – Financial Risks of Continued Reliance on Coal

Thursday, January 13th, 2011

WHEREAS
For electric power companies, continued reliance on coal is increasingly problematic in the face of declining reserves of high quality central Appalachian coal, unprecedented price increases and coal price volatility, and the high cost of carbon capture and storage for coal plants. By comparison, natural gas prices have reached record lows and supplies are increasingly [...]

Duke Energy – Financial Risks of Continued Reliance on Coal

Thursday, December 2nd, 2010

WHEREAS
Electric utility companies that rely on coal face numerous challenges and uncertainty regarding environmental compliance costs, and the cost of carbon capture and storage for coal plants. Declining reserves of high quality central Appalachian coal, unprecedented price increases and coal price-volatility, versus abundant supplies and record low-prices for cleaner burning natural gas, and declining costs [...]

Big Coal Losing Momentum in the U.S.

Thursday, April 10th, 2008

Poor coal. For so long, it has gotten away with being the largest contributor (41 percent) to global CO2 emissions from energy use, a widespread public health hazard by virtue of lead, mercury and other pollutants, the source of black lung disease, and now we can add deforestation to its achievements. “Coal will be coal,” [...]

Turn Down the Heat – It’s Getting Warmer

Thursday, April 10th, 2008

With all the talk out there about energy efficiency and re­duced use, I can’t help but think of my mom, telling us kids to put on a sweater, the heat would not go up. I laugh at the per­son I’ve become, as I tell my own kids the same thing, adding the environmental commentary that [...]

Bank of America – Moritorium on Coal Financing

Wednesday, January 23rd, 2008

WHEREAS
Bank of America (BOA) is a diversified financial services company providing banking,investment, investment banking, credit card and consumer finance services.BOA recognizes that its ability to attract and retain customers and employees could be adversely affected “to the extent our reputation is damaged” and that “failure to address, or to appear to fail to address various [...]


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