coal

Climate Week NYC Sponsored by Banks Financing Fossil Fuel Projects

Three large banks with heavy investments in fossil fuels are sponsoring Climate Week NYC this year, according to a group of NGOs.

SEC Investigates ExxonMobil As Climate Science Witch Hunt Continues in Congress

The SEC says ExxonMobil failed to effectively communicate financial and climate risk data to shareholders, and it plans to investigate further. Meanwhile, a…

Insurers to G-20: Stop Fossil Fuel Subsidies

In an open letter, top insurance companies ask G-20 leaders to phase-out all fossil fuel subsidies by 2020. And that's not all.

Report: Energy Companies Hugely Underestimate Risks to Investors

Carbon Tracker called out the energy industry for lagging in filings to the Securities and Exchange Commission. By submitting the same boilerplate risk…

China Accused of Rapidly Building Coal Plants, Despite Climate Promises

China is on pace to open one new coal-fired plant a week until 2020, says Greenpeace, despite its promises to boost renewables and…

North Carolina Eases Coal Ash Cleanup Laws as New Leak is Discovered

Duke Energy, North Carolina's largest coal company, stands to gain in the state's latest round of coal ash regulations. Some payouts protect homeowners'…

Study: Big Banks Pour Billions Into ‘Extreme’ Fossil Fuels

The world’s largest banks are the bankers to fossil fuel companies, providing them with hundreds of billions of dollars, a recent report finds.…

Duke Energy Gets 8 More Years to Clean Up Toxic Coal Ash in North Carolina

If new guidelines issued Wednesday go through, Duke Energy will have eight more years to clean up coal ash deposits in North Carolina.…

It’s Really Happening: The Collapse of U.S. Coal

Coal production is not just declining. It's falling off a cliff -- and it's barely a third of what it was just six…

Gates Foundation Divests Holdings in BP

The Gates Foundation sold over 6 million shares of BP stock last year, valued at more than $187 million. It's a victory for…

What Peabody’s Bankruptcy Reveals About the Coal Industry

By now you've likely heard about Peabody Energy's bankruptcy filing. It's been called "a harbinger of the end of the fossil fuel era”…

Norway’s Sovereign Wealth Fund Divests from Coal

Last week, the managers of Norway’s Government Pension Fund announced that divestment from coal companies is well underway.

Global Coal Bubble Pegged at $1 Trillion

For coal, the writing is on the wall, but the message hasn't yet reached some investors. This could result in a financial catastrophe,…

Bangladesh’s Growing Coal Deals Prompt Criticism, Protests over Environment

Last week, Bangladeshi police opened fire on a crowd of people protesting two new coal plants, killing four demonstrators. The gruesome act prompts…

Another Climate Change Denier on Big Coal’s Payroll

Climate change deniers that appear on Fox News often cite the argument that the climate has always changed. When Chris Horner, a lawyer…