Join us on:
Last week we got the news that Alpha Natural Resources had bought out Massey Energy, in a deal worth over $7 billion that creates the largest mountaintop removal coal mining company in Appalachia. Citi bank took the financial lead on this deal, a move that drew strong criticism. Here’s the transcript of a letter from [...]
Continue reading...Tuesday, December 7, 2010
Just announced — Don Blankenship is set to receive a $12 million “F*** Off” package from Massey Energy. It must be very disappointing for Don, as last year he took home $18 million in salary and bonuses, the highest paid man in the coal business. Here are my thoughts about how Massey could spend that [...]
Continue reading...Friday, November 19, 2010
More good news for our global finance campaign – this week Swiss banking giant UBS issued a public statement highlighting the regulatory and reputational concerns around mountaintop removal (MTR) coal mining in Appalachia. UBS is the eighth bank to do this! Significantly, UBS has been the biggest funder of MTR coal mining, including the worst of [...]
Continue reading...Wednesday, November 3, 2010
“In a nation ruled by swine, all pigs are upwardly mobile.” — Hunter S. Thompson The stories are flying like hard boiled eggs at Faber College’s lunch room. News sources have reported that Massey’s sale to Cliff Natural Resources may be imminent. Massey’s reputation as the “poster child” of mountaintop removal and a top producer [...]
Continue reading...Tuesday, November 2, 2010
I’m saying ‘Thank you’ this week to PNC bank — which has just released its public position on Mountaintop Removal (MTR) Coal Mining. Here’s PNC’s policy in full — and a key extract: MTR is the subject of increasing regulatory and legislative scrutiny, with a focus on the permitting of MTR mines. While this extraction [...]
Continue reading...Wednesday, October 20, 2010
We’ve been keeping our eyes on the Swiss alps as we fight to stop the destruction of Appalachia’s beautiful mountains. The reason? International banking giants provide major finance to some of the coal companies who blow up mountains to mine coal and the biggest global funder of mountaintop removal (MTR) is the largest Swiss bank, [...]
Continue reading...Monday, October 18, 2010
The recent images of destruction from Hungary, where a flood of toxic mud from an aluminum waste pond has killed at least eight people, injured hundreds more and forced hundreds from their homes, are stirring up strong memories in Eastern Kentucky. This week marks the tenth anniversary of the Martin County Sludge Spill. The Associated [...]
Continue reading...Monday, October 11, 2010
From Wikipedia:Greenwashing (a portmanteau of “green” and “whitewash”) is a term describing the deceptive use of green PR or green marketing in order to promote a misleading perception that a company’s policies or products (such as goods or services) are environmentally friendly. PNC prides itself on being the “greenest bank in the business” and last [...]
Continue reading...Monday, August 9, 2010
Those of us who are working to stop mountaintop removal coal mining are often asked how the United States would meet its energy needs without coal from Appalachia. There are a few answers to that question… 1 Be Energy Efficient One answer is that opportunities for energy efficiency in the US are huge. Individual and [...]
Continue reading...Thursday, July 29, 2010
Massey’s working pretty hard to silence critics of their MTR policy. The “Dragline 14″ to dramatic action last year to stop destruction in Twilight, WV. Please contribute to their legal defense fund. Massey Energy Files ’SLAPP’ Lawsuit against Environmental Activists Company Responsible for Upper Big Branch Mine Disaster Actively Seeking to Silence Local Critics July [...]
Continue reading...
Grab the RSS feed for Updates!
(What's this? — Learn more about RSS)
Twitter Updates
Indonesian gov't re-adds #Tripa to list of Moratorium protected areas. Will companies responsible be held accountable? http://t.co/EpOtZ4P2
Monday, February 7, 2011
0 Comments