Cloud Peak
Cloud Peak Reports $205M Loss In 2015
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Cloud Peak Energy, one of Wyoming’s largest coal producers, reported a $205 million loss in 2015.
Inside Energy (https://insideenergy.org/author/sjoyce/page/4/)
Cloud Peak Energy, one of Wyoming’s largest coal producers, reported a $205 million loss in 2015.
A surprise Supreme Court decision this week has thrown the Obama administration’s climate change legacy into doubt. The Clean Power Plan is the administration’s main avenue for reducing carbon emissions. It targets power plants, the largest source of carbon emissions in the country. Wyoming, North Dakota and Colorado are all suing to have the rule overturned and the injunction has given them new hope that might actually happen.
Bankrupt coal miner Alpha Natural Resources is hoping to put its core assets on the auction block, including its mines in Wyoming.
In many parts of the West, areas that are now houses and schools and shopping centers were once oil and gas fields. There’s little in the way of a visible legacy, but hidden underground, there are hundreds of thousands of abandoned wells. An Inside Energy investigation has discovered that in many communities, new development is happening on top of those old wells.
A panel that makes recommendations on whether new federal coal projects should move forward has given the green light to two proposals in Montana and Wyoming.
A bankruptcy judge has authorized up to $12 million dollars in bonuses for executives of the bankrupt coal mining company Alpha Natural Resources.
The federal government has come out strongly against a proposal by bankrupt coal miner Alpha Natural Resources to pay its executives up to $12 million in bonuses.
Inside Energy contributor Stephanie Joyce speaks with NPR Morning Edition host Renee Montagne about what the new moratorium on federal coal leasing means for states like Wyoming.
The federal government has temporarily halted coal leasing on public lands while it reviews its coal program. Forty percent of the coal mined in the United States comes from publicly-owned minerals beneath federal land, mostly in Wyoming. The government review will address whether taxpayers are getting a fair return on that coal, as well as how to square the coal program with the country’s new climate goals.