DC Regulators OK Pepco-Exelon Merger, Creating Largest Utility In U.S.
"District regulators approved a $6.8 billion merger between Pepco Holdings and Exelon on Wednesday, creating the largest publicly held utility in the country."
"District regulators approved a $6.8 billion merger between Pepco Holdings and Exelon on Wednesday, creating the largest publicly held utility in the country."
"Stockpiles of coal are growing to historically high levels at the nation’s power plants."
"U.S. officials moved Thursday to strengthen safety rules for the nation's 300,000-mile network of natural gas transmission pipelines in response to numerous fiery accidents, including a 2010 California explosion that killed eight people and injured more than 50."
"As Sasol’s huge petrochemical project lifts Southwest Louisiana, an environmental justice community dissolves in its shadow".
"Donald Trump is loaded. He has 673 delegates, billions of dollars and a gun permit. But he doesn't seem to have a coherent policy on energy and climate."
"New polling data shows that public concern about climate change is at a new high, as the US emerges from its warmest-ever winter".
As coal stocks plummet and a growing number of coal companies face bankruptcy, large banks are increasingly taking their money out of coal investments.
"Tens of thousands of miners were on strike and coal prices were skyrocketing in October 1902. Afraid of unrest, President Theodore Roosevelt sought the help of John Pierpont Morgan.
The powerful banker, who held great sway over the coal industry, brokered a deal with the miners that ended the strike.
"It was the Friday before Christmas and Joe Paviglianiti, a senior engineer at Canada’s federal pipeline watchdog, the National Energy Board sent an email to TransCanada Corp. “Sorry in advance for bothering you during your holidays,” he wrote on Dec. 19, 2014."
"The Obama administration has cancelled a disputed oil and gas lease in the Badger-Two Medicine area near Glacier National Park."
"Peabody Energy Corp., the largest U.S. coal miner, said it may not be financially strong enough to remain in business in its current form and that the company may seek bankruptcy protection."