coal mountaintop removal

Tue, 2012-10-23 05:00Steve Horn
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As You Sow: Coal Investments, Shale Gas, a Bad Bet

In a missive titled “White Paper: Financial Risks of Investments in Coal,” As You Sow concludes that coal is becoming an increasingly risky investment with each passing day. The fracking boom and the up-and-coming renewable energy sector are quickly superseding King Coal's empire as a source of power generation, As You Sow concludes in the report.

As You Sow chocks up King Coal's ongoing demise to five factors, quoting straight from the report:

1. Increasing capital costs for environmental controls at existing coal plants and uncertainty about future regulatory compliance costs

2. Declining prices for natural gas, a driver of electric power prices in competitive markets

3. Upward price pressures and price volatility of coal

4. High construction costs for new coal plants and unknown costs to implement carbon capture and storage

5. Increasing competitiveness of renewable generation resources

Fri, 2012-06-01 15:46Steve Horn
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Massey WV Coal Battle Take Two: Erie, CO Citizens Fight Fracking

Erie, CO meet Naoma, WV. Though seemingly different battles over different ecologically hazardous extractive processes – hydraulic fracturing (“fracking”) for unconventional gas versus mountaintop removal for coal – the two battles are one in the same and direct parallels of one another. 

On June 2, a coalition of activist organizations led by Erie Rising and joined by the likes of the Sierra Club, the Mark Ruffalo-lead Water Defense, the Angela Monti Fox-lead Mothers Project (mother of “Gasland” Producer and Director, Josh Fox), Food and Water Watch (FWW), among others, will take to Erie, CO to say “leave and leave now” to EnCana Corporation.

EnCana has big plans to drill baby drill in Erie.

It “plans to frack for natural gas near three local schools and a childcare center,” according to a press release disseminated by FWW. “On June 2, the event in Erie will give voice to those immediately affected by fracking there, and to all Americans marred by the process, becoming ground zero for the national movement to expose the dangers associated with fracking.”

The action is a simple one: a “rally and vigil to protest gas industry giant Encana’s plans to frack for natural gas near Red Hawk Elementary, Erie Elementary, Erie Middle School and Exploring Minds Childcare Center and transport toxic fracking by-products on roads that come within feet of these and other community schools,” reads the FWW press release.

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