coal

Banks Family Mining Millions in Profit From Climate Sceptic Matt Ridley's Coal

Aristocrat and self-styled climate ‘contrarian’ Matt Ridley has steadfastly refused to disclose how much cash he makes from the large opencast mines operating on his family estate.

The free market advocate has intimated his share of the bounty from the Northumberland mines is small in comparison to the amount taken by the government (which owns the coal).

Lord Ridley told us: “I receive no financial benefit other than a wayleave in exchange for providing access to the land… the wayleave is very small indeed in relation to the value of the coal mined from my family’s land.” 

New Report Speculates on the End of Coal

A new coal report out today finds that despite growing risk, major banks continue to pump billions into the global coal industry. However, there are growing signs that coal is falling out of grace with major lenders.

Has "King Coal" Been De-Throned?

The coal industry is dying, and they are desperately trying to place the blame for their impending doom on someone other than themselves. The world around them is changing, and the industry is absolutely terrified of change.

"Carbon Copy": How Big Oil and King Coal Ghost Write Letters for Public Officials, Business Groups

The Billings Gazette has revealed that coal mining company Cloudpeak Energy ghost wrote protest letters to the U.S. Department of Interior (DOI) on behalf of allied policymakers and business groups. 

Reporter Tom Lutey examined numerous letters written to DOI from Montana-based stakeholders and noticed something unusual: the language in every single letter was exactly the same. That is, the same except for a parenthetical note in one of them instructing the supposed writer of it to “insert name/group/entity.”

The “carbon copied” (pun credit goes to Lutey) letters requested for the DOI to give states a time extension to begin implementing new rules dictating the coal industry give states a “fair return” on mining leases granted to industry by the states. DOI ended up giving King Coal the 60-day extension.

“Last month, coal proponents scored a major victory by convincing the Department of Interior to hold off on its rule making for 60 days so that more people could respond,” Lutey wrote. “Members of the Montana Legislature, along with county commissioners and mayors from Montana and Wyoming communities put the weight of their political offices behind letters asking the DOI for more time. What they didn’t offer were their own words.”

Among those who submitted a “carbon copied” letter originally written by Cloudpeak Energy include the Montana Chamber of Commerce, Billings Chamber of Commerce, Montana Coal Council, Montana Sen. Debby Barrett and the Yellowstone County Board of Commissioners.  

Unlike others, the Montana Chamber of Commerce embarassingly forgot to take out the boilerplate “insert name/group/entity” language. 

Montana Chamber of Commerce Ghostwriting Coal Letter
Image Credit: Quit Coal

Cloud Peak responded by saying this was a “sample letter…included as part of…briefings,” but did not clarify if those allied stakeholders were supposed to send them to DOI in verbatim fashion, as did the Montana Chamber.

DeSmogCAST 14: Canada's Silenced Scientists, Tanker Train Industry Fights and Coal's Climate Secret

In this episode of DeSmogCAST host Farron Cousins discusses DeSmog Canada's recently unsuccessful attempt to interview an Environment Canada scientist.
 
Steve Horn from DeSmogBlog gives the background story to the in-fighting between oil refiners and tanker train operators who don't want to pay extra to transport dangerous fuels like Bakkan oil or diluted bitumen from the Alberta oilsands.
 
Finally Cousins asks DeSmogBlog's Mike Gaworecki to explain new revelations that coal companies are taking climate change very seriously - but only behind closed doors.
 

Wisconsin Climate Change Gag Order Part of Broader Industry-Tied Attacks on Science

On April 7, Wisconsin's Board of Commissioners of Public Lands voted 2-1 to ban those employed by the agency from doing any work pertaining to climate change or global warming while doing public lands related work.

Although the story was covered by multiple media outlets, lost in the public discussion so far is how the vote fits into the broader multi-front industry attack in America's Dairyland-turned-Petro State and which industry interests may have played a role in the vote. 

The historical roots of the vote appear to trace back to an April 2009 congressional testimony given by Tia Nelson, executive secretary for the Board of Commissioners of Public Lands and daughter of former Wisconsin Democratic Governor Gaylord Nelson, in favor of passage of the American Clean Energy Security Act of 2009.

That bill is better known as the controversial and eventually nixed Waxman-Markey climate bill, a bill opposed vigorously by the fossil fuel industry (and some environmentalists, too). 

Industry-Stacked Energy Department Committee: Shale Running Dry, Let's Exploit the Arctic

A report assembled by an industry-centric US Department of Energy committee recommends the nation start exploiting the Arctic due to oil and gas shale basins running dry. 

In the just-submitted report, first obtained by the Associated Press, the DOE's National Petroleum Council — many members of which are oil and gas industry executives — concludes that oil and gas obtained via hydraulic fracturing (“fracking”) will not last beyond the next decade or so, thus the time is ripe to raid the fragile Arctic to feed our fossil fuel addiction. 

The NPC just launched a website and executive summary of the report: Arctic Potential: Realizing the Promise of U.S. Oil and Gas Resources.

Confirming the thesis presented by the Post Carbon Institute in its two reports, “Drill Baby, Drill” and “Drilling Deeper,” the National Petroleum Council believes the shale boom does not have much more than a decade remaining.

The NPC report appears to largely gloss over the role of further fossil fuel dependence on climate change, or the potentially catastrophic consequences of an oil spill in the Arctic.

The first mention of climate change appears to refer to “concern about the future of the culture of the Arctic peoples and the environment in the face of changing climate and increased human activity,” but doesn't mention the role of fossil fuels in driving those changes. Instead, the report immediately pivots to focus on “increasing interest in the Arctic for tourist potential, and reductions in summer ice provide an increasing opportunity for marine traffic.”

ExxonMobil CEO Rex Tillerson, a National Petroleum Council member, chimed in on the study in an interview with the Associated Press.  

“There will come a time when all the resources that are supplying the world's economies today are going to go in decline,” remarked Tillerson. “This is will [sic] be what's needed next. If we start today it'll take 20, 30, 40 years for those to come on.”

The National Petroleum Council also deployed the energy poverty argument, utilized most recently by coal giant Peabody Energy in its “Advanced Energy For Life” public relations campaign, to make its case for Arctic drilling as a replacement for fracking.

“But global demand for oil, which affects prices of gasoline, diesel and other fuels everywhere, is expected to rise steadily in the coming decades — even as alternative energy use blossoms — because hundreds of millions of people are rising from poverty in developing regions and buying more cars, shipping more goods, and flying in airplanes more often,” reads the report. “In order to meet that demand and keep prices from soaring, new sources of oil must be developed, the council argues.”

Dramatic UK Emission Drop Just a ‘Taste of What Could Be Achieved’

UK greenhouse gas emissions fell by 8.4 percent between 2013 and 2014, according to official figures released today by the Department for Energy and Climate Change (DECC). Carbon emissions fell by 9.7 percent. 

A 23 percent reduction in coal use and record warm temperatures were the main contributors to the decline in emissions. Continued falls in energy use were also a factor.

This dramatic drop in emissions is the largest on record for a growing UK economy. In fact, the economy grew faster in 2014 than it has in any year since 2007.

Coal Companies Talking Out Both Sides Of Their Mouths When It Comes To Climate Change

Peabody Energy, the largest coal company in the U.S., deployed one of the lawyers on its payroll to Congress last week to argue against the Environmental Protection Agency’s new carbon rule.

This is so common that it normally wouldn’t rate a mention, but in this case it happened to be Obama’s former Harvard law professor Laurence Tribe, who now works for Peabody and is critical of the EPA’s Clean Power Plan, saying it is tantamount to “Burning the Constitution.”

But then, even that ranks pretty low in terms of newsworthiness given that, as a new analysis by Greenwire E&E reporters Corbin Hiar and Manuel Quiñones puts it, “The highest profile practitioner of targeted climate messaging is Peabody Energy Corp.”


The Greenwire analysis shows that many coal companies are, in fact, frequently talking out both sides of their mouths when it comes to climate change, and uses Peabody in particular as a case study of the legal and shareholder risks involved.

US Could Slash Global Warming Emissions By Curbing Fossil Fuels Extraction On Public Lands

The U.S. Department of the Interior this week announced new fracking regulations that will serve as the only federal rules enforcing any kind of safety measures on the controversial drilling technique when they go into effect in a few months.

The rules only apply to oil and gas wells on public lands, however, and most fracking is done on private or state-owned land. The Obama Administration says it is hoping to set an example for states to follow when setting their own fracking standards, but if that’s the case, the federal government actually has plenty of opportunity to lead by example when it comes to reining in carbon emissions from fossil fuel development.

According to a new report by the Center for American Progress and The Wilderness Society, there is “a blind spot in U.S. efforts to address climate change.” Fossil fuel extraction on public lands, the source of almost 30% of U.S. energy production, is responsible for more than a fifth of total U.S. greenhouse gas emissions, the carbon equivalent of having 280 million more cars on the road. But the DOI “has no comprehensive plan to measure, monitor, and reduce the total volume of GHG emissions that result from the leasing and development of federal energy resources.”

“The Department of the Interior has long been in the business of approving well after well, mine after mine, without assessing the impacts of its energy policies on U.S. carbon pollution levels,” Matt Lee-Ashley, senior fellow and director of the public lands project at the Center for American Progress, told FuelFix.

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