The European Investment Bank, the world’s largest multilateral development bank, is soon to end lending money to organizations associated with fossil fuels. What happens when capital dries up? The entire industry slides inexorably into oblivion. Fossil fuels made the 20th …
Category: Fossil Fuels
Peak Oil Didn’t Happen, But….
From this week’s newsletter from the American Energy Society: Conventional oil discoveries have been declining; however, there were three large oil discoveries in 2019:
Banner Day for the Coal Industry, Wish We Could Say the Same for Your Health
The toxicity of coal ash, and the fact that the Trump administration couldn’t care less about it, are two well-established facts. Here we have an article that chronicles the unraveling of previous guidelines by a) easing regulations on what pollutants …
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Will Today’s Rollback of Regulations on Coal Plants Affect You?
Most readers will not feel the direct effects of the Trump administration’s rollback of the EPA regulations that had formerly kept toxic chemicals like mercury and arsenic out of our drinking water.
Tagged with: 336 remaining coal-fired power plants, birth defects cases of childhood cancer, power plants to billow poisons into our waterways and the air we breathe, Trump administration's rollback of the EPA regulations that had formerly kept toxic chemicals like mercury and arsenic out of our drinking water
Bloomberg: “Biggest Private Coal Miner Goes Bust as Trump Rescue Fails”
As reported by Bloomberg, Robert E. Murray, the U.S. coal baron who pressed the Trump administration to help save America’s struggling miners, placed his company into bankruptcy as demand for fossil fuel continues to weaken.
The “Other” News from Turkey
Turkey is on everyone’s minds currently, almost exclusively due to their slaughter of the Kurds to their south, enabled by the U.S. betrayal of its former ally. Of far fewer column-inches is Turkey’s oil and gas exploration ships that are …
Tagged with: oil powers over 95% of the world’s transportation
Coal’s Decline
When the Powder River Basin’s Belle Ayr coal mine opened in 1972 it was the first strip mine opened in the region (Montana and Wyoming). Now it has hit hard times. Its owner, Blackjewel LLC, was in federal bankruptcy court …
Losing Control on Methane Leakages
You know you’re on thin moral ice when you want to remove a piece of environmental regulation that the industry itself believes is a good idea.
Tagged with: methane leakages
Coal: Supplies Are High, Not So Demand
Below is a chart that shows the fall-off of coal consumption in Europe, which I swiped from this article on the over-supply of this dirtiest-of-all fuels.
Trump, Coal, and Lies
If anyone is in a position to comment on the strength of the U.S. coal industry, it would be Cecil Roberts, President of the United Mine Workers of America (pictured). That’s what makes the contrast in the following set of …
