Contura Energy is going public. (CTRA). On the one hand, they have a lot of metallurgical coal; on the other hand it seems like a rather bad investment — especially long-term. All the proceeds will go to buy out existing stock holders. Existing shareholders are based on creditors… Alpha Resources went bankrupt and the Contura Energy company rose out out of the ashes. (After Peabody went bankrupt also in 2016, about half of US coal…
ECO:nomics | The Wall Street Journal: The WSJ’s big forum on ECOnomics seems to have been a great learning and sharing session for divergent ideas on how to blend economic growth/development with environmental needs. A special report in the WSJ on Wed, April 13, 2016 offers several takes and interviews covering the spectrum of associated topics. A couple base statistics are that coal generated electricity has dropped from half of all US generation to less…
http://www.cnn.com/2015/12/10/opinions/cop21-facebook-chat/index.html This has been some of the clearest points about renewable energy, and why it is so important.
Power Struggle: How the Energy Market Could Shift in 2016 – Bloomberg Business: Wow. Absolutely perfect assessment of the energy world, past and future. With pretty graphics to go along with the trends in energy. So what will be the energy source(s) of the future. The one thing for sure, is that it won’t be coal. As the rest of the world gets out of coal, so will the 2.3B people in China and India….
FPL gets approval to charge customers for fracking investment | Tampa Bay Times: I was astounded to here that FPL is getting into the Fracking business. There’s this baloney about trying to save some money for their investors. FPL Customers pay, in advance, to drill Nat Gas wells in Alabama, and then reap some of the benefits of the wells, if any, in the form of low NatGas prices in the future. It sounds too…
In one recent edition of the New York Times, there were two very positive articles on energy efficiency and improving the cost/kwh of renewables. The Monday, November 24, 2014, issue featured “Good News on Energy,” by Ralph Cavanagh of theNatural Resources Defense Fund, http://www.nytimes.com/2014/11/24/opinion/good-news-on-energy.html? and “Solar and Wind energy Start to Win on Price vs. Conventional Fuels,” by Diane Cardwell, http://nyti.ms/1yJq2r0. From Cavanagh, peaked energy use occurred in the US in 2007 and has trended downward since…
