In an article for Forbes, Christopher Helman wrote today that although solar, wind, and natural gas industries are booming, they will not be able to replace coal in the wake of sweeping plant shutdowns due to new EPA rules in the United States.
Articles Tagged "United States"
The future does not look good for coal miners as increasing government regulations, environmental concerns and public opinion in favor of energy alternatives threaten the resource's market share.
Reuters reported today that U.S. Benchmark Brent crude oil prices increased to their highest on almost six weeks on expanding sanctions against Russia over issues in Ukraine. However, the price rise was halted with news of the first oil tanker being reloaded on Tuesday at Libya's Hariga port after a month long closure.
Forbes reported today that three major regulatory changes will go into effect this spring, forcing power plants that use coal to upgrade operations or close them down. U.S. coal will have to embrace new, superior coal technologies to move forward, according to Forbes.
Reuters reported today that U.S. crude oil rose at the end of last week as data showed strong jobs growth in the United States. Brent crude followed the ascent as investors cast doubt on the reopening of Libya's oil ports.
Forbes reported that natural gas exports from the United States might not be a useful weapon against Russian in light of the recent annexation of Crimea.
The NewsYork Times reported that Japan is planning to turn over more than700 pounds of weapons-grade plutonium and a supply of highly enriched uranium to the United States.
At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.
Reuters reported that a tanker carrying a cargo of oil has been seized by US special forces. The tanker "fled ... from a Libyan port controlled by anti-government rebels," and those controlling it had hoped to sell the fuel on the global market.
The Guardian reported that the Kemper County energy facility, which is set to come online later this year, will be the first power plant in the United States that is able to capture and store carbon dioxide emissions.