Economy & Business

"A New Tack in the War on Mining Mountains"

"Last week, with little fanfare, PNC Financial, the nation’s seventh-largest bank, disclosed a significant strategic shift. The bank said it would no longer finance coal-mining companies that pursue mountaintop removal of coal in Appalachia, an environmentally devastating practice that has long drawn opposition."

Source: NY Times, 03/10/2015

PUCO Rejects Deal To Have Ratepayers Subsidize a Coal-Fired Power Plant

"The Public Utilities Commission of Ohio made history Wednesday in a ruling refusing to allow AEP Ohio to saddle ratepayers with extra charges to subsidize the continued operation of a 1950s-era coal-fired power plant that it owns along with FirstEnergy and other state utilities."

Source: Cleveland Plain Dealer, 02/27/2015

"France Warns of Nuclear Industry Shake-Up After Areva Loss"

"France's energy minister said on Monday that an overhaul of the country’s state-controlled nuclear energy industry was imminent, after one of the country’s main builders of nuclear power plants warned of a loss that could hamper its ability to continue operating independently."

Source: NY Times, 02/24/2015

"Kaiser Joins Google, Apple in Buying Clean Energy"

"Google and Apple are not the only big companies harnessing California's sunshine and wind to power their workplaces. Health care giant Kaiser Permanente will announce Wednesday that it has signed deals to buy electricity from a new wind farm to be built at the Altamont Pass, a vast solar plant in Southern California, and more than 100 smaller rooftop solar arrays to be installed at its hospitals, parking garages and medical offices, all of which will reduce its carbon emissions by 30 percent."

Source: San Jose Mercury News, 02/19/2015

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