Archive for the " Coal Mining " Category

FPL to Build New Coal Power Plant in Florida at a Cost of Between $2B and $3B

September 13th, 2006
FPL to Build New Coal Power Plant in Florida at a Cost of Between $2B and $3B

Florida Power & Light Co., the principal subsidiary of FPL Group Inc., on Tuesday said it plans to build a coal power plant in Florida’s Glades County at a cost of between $2 billion and $3 billion.
The plant would help meet Florida’s growing demand for electricity by providing power for more than 650,000 homes, the [...]

Duke Energy Pitches Need for New Coal Plants to N.C. Commission

September 13th, 2006
Duke Energy Pitches Need for New Coal Plants to N.C. Commission

Global warming restrictions and even technology that takes greenhouse gases out of burned coal are probably around the corner, but right now Duke Energy needs $2 billion from ratepayers to build two coal-fired power plants, company CEO John Rogers said Tuesday.
Rogers made a pitch for regulatory approval of the plants to the North Carolina Utilities [...]

Fire in Siberian coal mine traps 19

September 8th, 2006
Fire in Siberian coal mine traps 19

A fire broke out at a coal mine in Siberia on Thursday, trapping at least 19 miners, a Russian emergency official said.
The blaze broke out around 8:15 a.m. at least 280 feet underground in the Vershino-Darasunsky mine in the Chita region, about 3,000 miles east of Moscow, said Emergency Situations Ministry spokeswoman Yulia Stadnikova.
Of the [...]

Indonesia: Foreign ships still allowed to transport coal, oil and gas

September 8th, 2006
Indonesia: Foreign ships still allowed to transport coal, oil and gas

Foreign-flagged ships are allowed to transport coal and oil and gas within Indonesian waters until 2010 and this does not violate the country’s cabotage rules, the minister of transportation says.
Speaking in Jakarta on Wednesday, Hatta Radjasa said allowing foreign ships to transport coal, oil and gas did not violate 1995 cabotage regulations.
“I will never tolerate [...]

Indonesia, Japan to build high-quality coal plant

September 8th, 2006
Indonesia, Japan to build high-quality coal plant

Indonesian and Japanese firms agreed Friday to jointly build a factory to produce upgraded brown coal (UBC) in South Kalimantan province with an investment of 68 million U.S. dollars.
The project involves Japan Coal Energy as a ready buyer, Kobe Steel as contractor, Indonesia’s PT Arutmin as coal supplier, state-run oil firm PT Pertamina and the [...]

Coal Producers Stumble, Led by Peabody Energy

September 8th, 2006
Coal Producers Stumble, Led by Peabody Energy

Shares of coal producers fell widely Thursday, led by St. Louis-based Peabody Energy Corp.
Late Wednesday, Peabody Energy said lower third-quarter shipments will mean its 2006 production will be at the low end of its previous guidance.
In response, several analysts slashed their third-quarter earnings projections for Peabody Energy, including Morgan Stanley’s Mark Liinamaa. He cut his [...]

Protesting activists dump coal at Thai Ministry of Energy

September 8th, 2006
Protesting activists dump coal at Thai Ministry of Energy

Greenpeace activists Friday dumped coal on the doorstep of Thailand’s Ministry of Energy in protest against energy policies that promote the burning of fossil fuels, such as coal, one of the primary causes of climate change.
Activists also unfurled a banner which reads “Ministry of Climate Change”, accusing the government of helping to intensify the impacts [...]

U.S. State CO2 Laws Won’t Prevent Coal Boom

September 2nd, 2006
U.S. State CO2 Laws Won’t Prevent Coal Boom

U.S. states’ plans to reduce greenhouse gas emissions could lead to little change in national carbon output, simply pushing coal-fired power plants and other dirty industries to relocate in states without rules, experts said on Thursday.
California reached a deal Wednesday to cut emissions of gases scientists believe are causing climate change. The plan, which would [...]