Tag Archives for power
By Rep. Liz Cheney (R-WY)
Wyoming is America’s largest coal producing state, mining close to 40 percent of the coal consumed by our nation every year. Common estimates give Wyoming close to 145 billion tons of recoverable coal and 1.4 trillion tons in total coal reserves. This coal is a national treasure.
By JOHN SICILIANO
Washington Examiner (2/21/17)
Trump is expected to soon issue the orders targeting regulations put into place by the Environmental Protection Agency, including the Clean Power Plan, which directs states to cut greenhouse gas emissions from existing power plants.
The EPA climate plan was halted a year ago by the Supreme Court until the courts can rule on litigation by 28 state attorneys general, the coal industry and hundreds of individual companies and industry groups.
Star-Tribune (Feb 13, 2017)
Sheridan County hasn’t experienced active coal mining since the last coal operation ceased in the 1980s, though it was once a booming coal community peppered with company towns.
That may soon change.
Cloud Peak Energy, which operates the Antelope and Cordero Rojo mines in Campbell County, recently applied for a federal permit to enhance roads and a rail spur between the non-operational Youngs Creek north of Ranchester and the bustling Spring Creek mine in Montana. The construction will facilitate the moving of equipment, coal and personnel between the two mines.
WASHINGTON, DC (February 3, 2017)– The congressional action this week to strike down the “Stream Protection Rule” issued December 19, 2016 by the Department of the Interior’s Office of Surface Mining Reclamation and Enforcement is a welcome step in the right direction for the federal government and for coal. The swift action recognizes the severe flaws in a regulation that would needlessly restrict access to our nation’s abundant coal reserves, increase mining costs, erode federal and state tax revenues, and result in the loss of high numbers of well-paying jobs.
By Ben Levisohn – December 30, 2016
Coal prices had been surging this year, giving a big boost to coal companies. Coal prices, however, have been tumbling the past few days and Axiom Capital’s Gordon Johnson contends we could be witnessing the end of the rally…and the iron ore rally with it. He explains why.
Based on information released yesterday, China is considering raising the 2017 steel and coal capacity-cut targets by 10%. Simply put, this means more steel and coal production from China next year.
Perth (Platts)–29 Dec 2016
Volatility is the watchword for the thermal coal market in 2017 following a turbulent 2016 when Beijing’s self-imposed production constraints fueled a massive rise in thermal coal prices right across the Asian seaborne market in the second half of 2016.
As has been the pattern for the past several years, China — or more specifically the actions and influence of its central government — has been a strong deciding factor in the direction of the Asian market.
By Paul M. Seby & Matthew B. Miller
There is no doubt that coal-based electricity is currently faced with enormous challenges—both at the national level, with the flurry of federal regulations aimed at the coal industry, and at the state level, where local governments are experimenting with dramatic changes in their energy policies. In both instances, federal courts at all levels are being called upon to evaluate the lawfulness and constitutionality of these actions. This short article focuses on that latter evaluation—invoking the most enduring of American documents—our U.S. Constitution. In our national charter lies an important mechanism that may provide important protections against efforts by one or more states to greatly experiment with dramatic changes to their energy-related laws and regulations that have adverse impacts on coal-based electricity or the movement of coal interstate.
According to data from the U.S. Energy Information Administration, total U.S. coal production for the week ended Nov. 19 picked up 6.6% year over year to 17.2 million tons, from 16.2 million tons during the same period last year.
For the 52 weeks ended Nov. 19, production posted a 19.8% year-over-year cutback to 739.8 million tonnes, while year-to-date coal output plunged 18.8% year over year to about 657.5 million tons through Nov. 19.
Wall Street Journal, David B. Rickin Jr. and Andrew M. Grossman, 11/20/2016
President Obama pledged to wield a pen and phone during his second term rather than engage with Congress. The slew of executive orders, enforcement memorandums, regulations and “Dear Colleague” letters comprised an unprecedented assertion of executive authority. Equally unparalleled is the ease with which the Obama agenda can be dismantled. Among the first actions on President Trump’s chopping block should be the Clean Power Plan.
SNL, Christopher Coats, 12/8/2016
At one of the first industrywide gatherings since Election Day, the coal sector offered cautious optimism about the Trump administration’s impact on the industry after years of challenges.
Gathered in New York for the 15th Annual Coal Trading Conference on Dec. 5 and 6, industry representatives offered their takes on election results that, admittedly, few saw coming.
Throughout this year’s presidential campaign, Donald Trump pledged support for the coal industry, promising on several occasions to push back on Obama administration regulations often cited as detrimental to the industry and to “put miners back to work.”