Posts Tagged with "coal"

From Appalachia to London, Barclays Bank Takes Heat for Coal Financing

Thursday, April 24, 2014

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From Appalachia to London, Barclays Bank Takes Heat for Coal Financing

There is nothing quite like giving one of world’s biggest banks a bad day. A bad week is even better. Today, protestors swamped Barclays’ annual shareholder meeting in London, calling out all sorts of nefarious deeds committed by the bank: speculating on food prices, supporting tax havens, ridiculous executive bonuses and its outrageous financing of [...]

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I’m Visiting Barclays Bank and I Need You to Back Me Up

Wednesday, April 23, 2014

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I’m Visiting Barclays Bank and I Need You to Back Me Up

This is a guest post by Paul Corbit Brown, president, Keeper of the Mountains. Tomorrow, I’m visiting Barclays and I need you to back me up. In 2013 Barclays gave $550 million in financial support, more than any other bank, to companies destroying my home of central Appalachia with mountaintop removal coal mining (MTR). That’s [...]

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Barclays: The Biggest Banker of Mountaintop Removal Coal

Monday, April 21, 2014

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Barclays: The Biggest Banker of Mountaintop Removal Coal

This year’s grades for the banks that finance the worst coal companies are in, and they’re not pretty. Financing companies that use mountaintop removal (MTR) coal mining practices puts communities, the environment, and bank shareholders at risk. But last year, several banks continued to hand billions of dollars to top producers of mountaintop removal coal–earning [...]

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Extreme Coal – No Longer Business as Usual

Thursday, April 17, 2014

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Extreme Coal – No Longer Business as Usual

For the first time since we began publishing coal finance report cards five years ago, we have an encouraging trend to report: Major banks have begun making noise about the growing financial risk associated with climate change—and specifically associated with coal, the top global contributor to carbon pollution. On top of that, major banks have [...]

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Breakthrough: JPMorgan Chase Dropping Mountain Destruction

Sunday, April 13, 2014

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Breakthrough: JPMorgan Chase Dropping Mountain Destruction

This could be the tipping point for the horrific practice of Mountaintop Removal coal mining. Just this week, JPMorgan Chase updated its environmental policy, revealing that it will be ending financial relationships with Mountaintop Removal coal mining companies. Wells Fargo and BNP Paribas/Bank of the West have recently taken similar steps. If the other major [...]

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Resisting Exxon and Peabody’s Dark Age

Thursday, April 10, 2014

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Resisting Exxon and Peabody’s Dark Age

Forget the reign of Tywin Lannister and his bloodthirsty brood of children, grandchildren and henchmen raping and pillaging their way through the fantastical land of Westeros while hapless Starks are beheaded and scattered to the winds. Our own world’s fate is similarly imperiled by the fossil fuel empire’s own game of thrones, power and profit [...]

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Why We’re Sitting in at WashU (And We’re Not Leaving)

Wednesday, April 9, 2014

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Why We’re Sitting in at WashU (And We’re Not Leaving)

By Caroline Burney, Senior at Washington University. Crossposted from We Are Powershift. I’ve learned many things in my four years at Washington University in St. Louis–not all of them in the classroom. For example, before I became a student at Wash U, I had never heard of Peabody Energy, the world’s largest private sector coal [...]

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Blockade: Fighting strip mine expansion Rocky Branch, Illinois

Friday, March 21, 2014

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Blockade: Fighting strip mine expansion Rocky Branch, Illinois

This post is by activist Jeff Lucas.  Residents of Illinois’ Rocky Branch community halt Peabody strip mine expansion for three hours with a road blockade.  321 miles south of Chicago sits Rocky Branch, a community tucked into the Shawnee Hills. Roughly 1 mile north of Rocky Branch is the Cottage Grove strip mine. Peabody has been [...]

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The EPA Can, And Should, End the Construction of New Coal Plants

Tuesday, March 4, 2014

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The EPA Can, And Should, End the Construction of New Coal Plants

Are you as fed up as I am about the coal industry’s license to pollute? On January 9, coal cleaning chemicals leaked into West Virginia’s Elk River and poisoned the drinking water of 300,000 people. Since February 2, millions of gallons of toxic coal ash have leaked from a Duke Energy coal plant into North Carolina’s [...]

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Meet Ross Bhappu, The Money Behind Coal Export Proposals On the Columbia River

Tuesday, March 4, 2014

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Meet Ross Bhappu, The Money Behind Coal Export Proposals On the Columbia River

This is a guest post by Joe Smyth of Greenpeace USA. You can follow him on Twitter at @joesmyth. The coal industry’s efforts to export huge amounts of taxpayer-owned coal from Montana and Wyoming to Asia has generated unprecedented opposition in the Pacific Northwest—tens of thousands of people have rallied, attended public hearings, and called on their [...]

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