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The Dubious Case for Appalachian Coal Subsidies

As technologies for renewable energy and grid management advance, the special position that coal has held since Thomas Edison’s first power plants in the 1880s has become much harder to defend. The call to subsidize coal is a sign of how the economics of power generation have been transformed. Just five years ago, it was renewable sources that needed subsidies to compete, but their costs have been plummeting. Now the US is...

Group aims to reduce solar ‘soft costs’ in Ohio co...

A new program seeks to spur solar energy development in southeastern Ohio by cutting costs and reducing barriers at the local level. The plan will provide technical assistance to help four small towns and rural areas in Appalachian Ohio receive recognition as solar-friendly communities. The Southeast Ohio Public Energy Council (SOPEC) has engaged Sarah Conley-Ballew to help Somerset, Amesville, the city of Athens and the...

How Two Bankrupt Companies Are Threatening Tens of...

SEIA’s (Solar Energy Industries Association) Abby Hopper: “If we can’t stop this (Trade Commission) case, we may see a lot of solar workers, including many in manufacturing, in unemployment lines. Let’s be clear: the Section 201 trade case now under consideration at the U.S. International Trade Commission (ITC) is about jobs, plain and simple. If the petitioners get what they want, tens of thousands of American solar workers...

No One Is Talking About This Disappearing Coal Job...

A couple of months ago, Donald Trump was cheering a new coal mine in Pennsylvania that will put 70 people to work — good news for a president whose pledge to revive the industry helped get him elected. But a bigger group of coal workers has already suffered sweeping job cuts, and it’s bracing for more. Coal-fired power plants employ more people than mines, and they’re shutting down all over the country. Cheap natural...

Help for coal country addresses tough truth

The future of coal remains murky, if not downright grim, despite an uptick in production in Colorado under the Trump administration, which has rolled back Obama-era regulations the industry considered excessively burdensome. President Trump has promised to bring back coal jobs, but there are a bunch of reasons why experts say that wont’ happen. First and foremost, utilities are increasingly turning to natural gas for power...

Record number of oil and gas firms go bust as rene...

The world’s largest private power production company warns the sector that renewables could drive the oil price as low as $10 a barrel. A record number of oil and gas companies became insolvent last year, according to a new study which environmentalists said highlighted the need for the UK to prepare for the move to a low-carbon economy. They warned that the loss of jobs in the sector when it becomes clear that fossil fuels...

The company behind Keystone XL isn’t even sure if ...

Pipeline developer says it is looking for more customers before moving forward with the project. Towards the end of March, President Donald Trump, surrounded by Republican lawmakers and TransCanada CEO Russ Girling, announced that his administration had decided to approve a key permit for the controversial Keystone XL pipeline, effectively allowing the stalled project to begin moving forward once again. “The bottom line:...

UK to ban gas and diesel cars by 2040

Electric cars will soon be as cheap as gas ones, “signaling economic turmoil for oil-exporting countries.” The UK will ban the sale of new petrol and diesel cars and vans by 2040 to reduce pollution and improve public health, its government is announcing Wednesday. The UK joins a growing list of countries — including India, France, and Norway — with similar plans to phase out fossil fuel-burning cars. Peak oil demand is now...

Investors Grow Wary of Big Oil

 Three years into an oil-price slump, investors want the world’s biggest oil companies to do something they have historically struggled with: Maintain some financial discipline. The companies are under pressure to show they are continuing to move on from budget-busting projects once common in the industry, as they head into second-quarter financial disclosures that begin on Thursday with Royal Dutch PLC and Total SA. Shell,...

Ten Funds With a Conscience

Investing for good can also be a good investment. A number of the mutual funds that take environmental, social and corporate governance (ESG) into account when making investing decisions have proven to be stellar performers. Two of our top 10 ESG funds—selected using a formula that takes 1, 3 and 5-year total returns into account—beat the S&P 500 over all three periods. Investors are taking notice: Investments in these...

Like Exxon, Utilities Knew about Climate Change Ri...

A study issued Tuesday by an energy watchdog group offers important new insights into the fossil fuel industry’s extensive early understanding of climate change and the risks it poses. This time, it’s the electric utility sector that’s under the microscope. The detailed study, backed up by reams of archival documents, was issued by the Energy and Policy Institute, an environmental advocacy and research...

Coal and nuclear are uneconomic — more bombshells ...

“High levels of wind penetration can be integrated into the grid without harming reliability.” On Saturday, we reported that a leaked draft of Energy Secretary Rick Perry’s grid study obtained by Bloomberg debunks his attack on renewable energy. ThinkProgress has now obtained a copy of that draft, and it has many more surprises — or, rather, findings that are fairly well known to energy experts but may come as an unpleasant...

U.S. Shale Producers Are Drilling Themselves into ...

LONDON, June 30 (Reuters) – U.S. shale firms are drilling themselves into a deep hole despite warnings from industry leaders about the risk of flooding the market with too much crude. Drilling and production are rising. Prices are declining. Companies are barely breaking even or losing money. Costs are starting to rise. And share prices are sliding. Current oil prices are not sustainable according to Harold Hamm, the...

Natural gas building boom fuels climate worries, e...

They landed, one after another, in 2015: plans for nearly a dozen interstate pipelines to move natural gas beneath rivers, mountains and people’s yards. Like spokes on a wheel, they’d spread from Appalachia to markets in every direction. Together these new and expanded pipelines — comprising 2,500 miles of steel in all — would double the amount of gas that could flow out of Pennsylvania, Ohio and West Virginia. The cheap...

State criticized for shifting millions from oil-an...

With three legislators objecting to the “raid,” a state board on Monday approved appropriating $15 million from an oil-and-gas fund designated by law to protect Ohioans and the environment, to be used to pay a settlement of an unrelated lawsuit. The Controlling Board voted 4-3 to remove the money from the fund, which is used in part to seal “orphan” natural-gas and oil wells, to fund a settlement with landowners near Grand...