WTF Climate Change News

danielravennest

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Fourth-Largest Coal Producer in the US Files for Bankruptcy

Cloud Peak Energy, the US' fourth-largest coal mining company, filed for Chapter 11 bankruptcy late last week as the company missed an extension deadline to make a $1.8 million loan payment.

Cloud Peak was one of the few major coal producers who escaped the significant coal industry downturn between 2015 and 2016. That bought it a reputation for prudence and business acumen.

But thinning margins have strained the mining company as customers for thermal coal continue to dry up. Coal-fired electricity is expected to fall this summer, even though summer months are usually boom times for coal plants as air conditioning bolsters electricity demand. That's because cheap natural gas and a boost in renewable capacity have displaced dirtier, more expensive coal.
One down, three to go. :dance:
 

Sid

Life is too short to drink bad coffee.
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The research shows head-to-toe harm, from heart and lung disease to diabetes and dementia, and from liver problems and bladder cancer to brittle bones and damaged skin. Fertility, foetuses and children are also affected by toxic air, the review found.

The systemic damage is the result of pollutants causing inflammation that then floods through the body and ultrafine particles being carried around the body by the bloodstream.
“Air pollution can harm acutely, as well as chronically, potentially affecting every organ in the body,” conclude the scientists from the Forum of International Respiratory Societies in the two review papers, published in the journal Chest. “Ultrafine particles pass through the [lungs], are readily picked up by cells, and carried via the bloodstream to expose virtually all cells in the body.”
[sarcastic mode]
Carry on, nothing to worry about.
Let's agree on something that has to be realised in 2088 or so.....
[/sarcastic mode]
 

Tigger

not on speaking terms with the voices in my head
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In the UK there are already plans to decommission the town of Fairbourne and elimnate all traces of human habitation there as plans to protect it from the sea are abandoned.

I like Fairbourne, its about 25 miles from me and it, along with its neighbour Barmouth on the other side of the Mawddach estuary, are my favourite beaches to visit.

Naturally some people wont accept it until they drown:
Barmouth’s former harbourmaster, Julian Kirkham, is adamant that he will not leave his home and says even scientists can’t agree on sea-level rises. “It is just panic,” he says. “There has been so much waffle that nobody knows what will happen.”
...
some people are moving into Fairbourne. One of the new arrivals is Angie Brown, a retired tax officer. She parks outside the shop and dashes in to pick up some beer for an impromptu barbecue. “This is la-la land – flooding is not going to happen,” she says.
but this is the reality:
Goodier has been drawing up a masterplan covering the timetable for decommissioning the village. “Based on the current rates of sea-level rise, we are planning to start in 2045,” she says. This will involve removing all trace of human existence. “It means we would eventually return this land to the sea,” Goodier says. “We would have to move everybody out, and then every ounce of infrastructure to return it to a salt marsh over time.”
the process may have to be brought forward immediately if the sea wall is breached and inundated. “If we have an early breach in the next two years then we need to be able to condense that very quickly,”
There will be no compensation and its deeply unlikely any insurances will pay out. The only hope people there have is to sell their homes, at drastically below nominal market value, to others who will rent them out as holiday accommodation until the town sinks.

 

danielravennest

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Xcel Energy to end coal use

They are a northern midwest utility - Minnesota, North Dakota, and South Dakota, with 3.3 million customers total.

Xcel Energy will keep one of its nuclear power plants in Minnesota humming for at least another two decades as part of a wide plan to shut down its two remaining coal plants ahead of schedule and transition to a 100 percent carbon-free fuel mix by 2050.

Xcel, along with a cadre of environmental organizations and leaders of one of its key labor unions, announced the proposals May 20, vowing to decommission the two coal plants by 2030. At the same time, the company will greatly expand its wind and solar assets and augment its power needs by using more natural gas and keeping the Monticello Nuclear Generating Station on line until 2040.

“This is a significant step forward as we are on track to reduce carbon emissions more than 80 percent by 2030 and transform the way we deliver energy to our customers,” said Chris Clark, president of Xcel Energy – Minnesota, North Dakota, South Dakota.
 
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