Sharon Kelly's blog

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.

"Bait and Switch": Pennsylvania Sues Driller and Pipeline Company Over Deceptive Deals

Pennsylvania's beleaguered top prosecutor has filed a civil action against two of the nation's largest oil and gas companies, Chesapeake Energy and pipeline company Williams Partners LP, alleging that the companies defrauded over 4,000 property owners out of the royalties owed for shale oil and gas produced from their land.

“This alleged conduct amounts to a 'bait-and-switch,'” Attorney General Kathleen Kane said in a statement. “Pennsylvania landowners were deceived in thousands of transactions by a company accused of similar conduct in several other states,” she added, referring to Chesapeake Energy, which has faced class actions in Texas, Louisiana and Ohio over its royalty payments.

Western State Regulators Struggling to Keep up with Radioactive Fracking and Drilling Waste: New Report

The question of how to handle the toxic waste from fracking and other oil and gas activities is one of the most intractable issues confronting environmental regulators. Not only because of the sheer volume of waste generated nationwide, but also because some of the radioactive materials involved have a half-life of over 1,500 years, making the consequences of decision-making today especially long-lasting.

Every year, the oil and gas industry generates roughly 21 billion barrels of wastewater and millions of tons of solid waste, much of it carrying a mix of naturally occurring radioactive materials, and some of it bearing so much radioactive material that it is not safe to drink or even, on far more rare occasions, to simply have it near you.

Despite Low Oil Prices, Renewable Power Gaining Traction, Energy Agencies Report — But Not Yet Fast Enough for the Climate

The shift away from coal and towards renewable sources of energy is slowly beginning to gain traction, two recently-released reports from American and global energy agencies show.

The biggest story is in the case of renewables,” International Energy Agency executive director, Fatih Birol, told the Guardian as this year's World Energy Outlook was released. “It is no longer a niche. Renewable energy has become a mainstream fuel, as of now.”

Almost half of the new power generation added in 2014 came from wind, solar, wave or tidal energy, the report found, and renewables now represent the world's second largest source of electricity after coal. Coal, whose share of the world's energy mix has been rising since 2000, has peaked, the agency indicated, predicting that within two decades, renewable energy sources will replace coal as the backbone of the world's electricity source.

Water Pollution Trading Programs Under Fire as Report Finds Lax Oversight, "Shell Games" Put Waterways at Risk

A little-noticed federally-backed program is chipping away at the foundation of the Clean Water Act, one of the nation's core environmental laws, allowing major polluters to evade responsibility for contaminating rivers, streams and other waterways, an environmental group said in a report released Thursday.

So called “water quality trading” programs have quietly spread into more than 20 states, the report said, with a goal of establishing a water pollution credit trading market — essentially a cap-and-trade system, like those controversially proposed for climate change, but covering the dumping of pollutants like nitrogen and phosphorus into America's waterways.

Those nutrients are behind algae blooms that suck oxygen out of water supplies, killing fish and other wildlife and sometimes making people sick. The EPA calls nutrient pollution “one of America's most widespread, costly and challenging environmental problems” and warns that the hazards are likely to grow worse as the climate warms.

Programs to trade credits for nutrient pollution are still relatively small scale, but have gained the backing of the Environmental Protection Agency and the United States Department of Agriculture. They are based on the idea that a free market can help identify the cheapest ways to cut pollution in a watershed.

EPA Scientists Consider Dropping "Widespread, Systemic" Language from National Study Findings

A phrase in the Executive Summary of EPA's national study on the threat that hydraulic fracturing, or fracking, poses to American drinking water supplies has come under increasing fire from environmentalists and scientists.

The EPA's draft executive summary, released this fall, included a line that has been widely quoted by supporters of the shale gas rush: “We did not find evidence that these mechanisms have lead to widespread, systemic impacts on drinking water resources in the United States.”

There are signs that the EPA's scientific advisors, currently engaged in a peer-review of the study, are now backing away from that phrasing, emphasizing instead the fact that drinking water supplies have been impacted at times, and that many factors, like sealed legal settlements and trade secrecy, have kept information out of the public eye.

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