coal

China Coal Cap Could Strand Assets Around the World

China Coal Cap Could Strand Assets Around the World

Analysts believe that China—the world’s largest producer and consumer of coal, accounting for almost half of global consumption—could be close to making an abrupt and drastic change of track. Loaded question: a barge being filled from huge coal hoppers in China. Photo credit: Rob Loftis/ Wikimedia Commons A report by the Carbon Tracker Initiative and […]

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    11 Arrested at Peabody Coal’s Annual Shareholder Meeting in Missouri

    11 Arrested at Peabody Coal’s Annual Shareholder Meeting in Missouri

    For the second time in less than a week, activists were arrested at a Peabody Coal demonstration in Missouri yesterday. Seventy-five people rallied at Peabody’s annual shareholder meeting at the Ritz Carlton in Clayton, MO. Members of the local Take Back St. Louis campaign were joined by Dineh (Navajo) Peabody resist-ers from Black Mesa and […]

    Report Rules Out Industry Myth That Coal Will Alleviate Poverty in the Developing World

    Report Rules Out Industry Myth That Coal Will Alleviate Poverty in the Developing World

    As the end of coal continues to loom larger on the horizon, a new report from the Institute for Energy Economics and Financial Analysis (IEEFA) has blown trench-sized holes in the industry’s latest attempt to talk up its future, dismissing the myth of coal alleviating poverty in the developing world. The report makes it clear that renewable energy projects are far better investments […]

    It’s Time To Double Down on Renewable Energy and Move Beyond Coal

    It’s Time To Double Down on Renewable Energy and Move Beyond Coal

    I would never argue that we should ignore the problems being caused by climate disruption around the world—we need to acknowledge and take responsibility for them. But I believe it’s equally important to tell some other parts of the story: That we are not powerless and that we have solutions we can start using now. […]

    Breaking: 7 Washington University Students Arrested Protesting Peabody Coal

    Breaking: 7 Washington University Students Arrested Protesting Peabody Coal

    On the heels of an earlier arrest of a student at a growing divestment blockade at Harvard University, seven Washington University students were arrested today in St. Louis, as they sought to enter the quarterly meeting of the Board of Trustees. Today’s action followed a historic 17-day sit-in at the St. Louis campus, where hundreds of Washington University students have joined in a […]

    ‘Dirty Duke’ TV Ad Exposes Largest Power Company in the U.S.

    ‘Dirty Duke’ TV Ad Exposes Largest Power Company in the U.S.

    It’s just 30 seconds, but it’s powerful. Presente.org and The Other 98% premiered an advertisement in the Charlotte, NC and Orlando, FL markets May 1 highlighting Duke Energy’s campaign to put a halt to solar energy, as well as the damage done by the company’s coal ash spill in the Dan River in February. It sarcastically mocks the company with […]

    Wash U Sit-In Enters Historic 3rd Week: Peabody Moment of Truth Arrives

    Wash U Sit-In Enters Historic 3rd Week: Peabody Moment of Truth Arrives

    In an emerging public relations nightmare for Washington University officials, the sit-in against Peabody Energy ties entered a historic third week, as students continued to press demands after a faltering statement released yesterday by Chancellor Mark Wrighton. “We want to make it clear that we are not satisfied with this statement,” the Wash U Students Against Peabody countered. “We plan to […]

    Report Finds Top Banks Moving Away From Investment in Coal

    Report Finds Top Banks Moving Away From Investment in Coal

    Rainforest Action Network (RAN), Sierra Club and BankTrack released the fifth annual coal finance report card, Extreme Investments, Extreme Consequences, last week that tracks the financiers of the worst-of-worst coal companies. The report shows that even as high-profile bankruptcies and costly environmental cleanup settlements illustrate the growing risks involved with lending to coal companies, U.S. banks provided $31 […]