Posts Tagged with "Massey"

Massey’s Parent Company Accepts Financial Responsibility For Upper Big Branch Disaster

Wednesday, December 7, 2011

0 Comments

Massey’s Parent Company Accepts Financial Responsibility For Upper Big Branch Disaster

No amount of money will bring back the 29 men who died because of Massey Energy’s gross disregard for safety, but hopefully this will help their families start to feel a sense of justice. According to the Charleston Gazette: “Alpha Natural Resources will spend $200 million on fines, victim restitution and mine safety improvements to [...]

Continue reading...

35,000 People Call For Massey’s Corporate Charter to be Revoked

Monday, September 19, 2011

8 Comments

35,000 People Call For Massey’s Corporate Charter to be Revoked

Last Friday, 35,000 signatures were delivered to the office of Delaware Attorney General Beau Biden by West Virginia residents who have directly experienced Massey’s disregard for worker safety, community health, and the environment. The petition called for General Biden to revoke Massey’s Coporate Charter. The delegation included West Virginia community members Lorelei Scarbro and Betty [...]

Continue reading...

Citi Needs an Intervention

Wednesday, March 9, 2011

0 Comments

Citi Needs an Intervention

Addiction – noun \ə-ˈdik-shən, a-\: persistent compulsive use of a substance known by the user to be harmful. (Merriam-Webster) Citi has a problem. Despite renewing its vows in 2009 to tackle “Environmental and Social Risk Management,” including mountaintop removal coal mining, Citi is relapsing into fossil fuel addiction. Last year, Citi raised more than $34 [...]

Continue reading...

New UBS Policy Fizzles

Thursday, February 3, 2011

0 Comments

New UBS Policy Fizzles

‘Tis the season for new bank environmental and social policies! Last Friday, UBS was the latest to announce an updated “Responsible Banking” policy. Let’s see how it stacks up. First off, we have to commend UBS and other banks for choosing to make environmental and social commitments public. Transparency is a critically necessary component of [...]

Continue reading...

Goodbye Massey and Thanks For Nothing

Sunday, January 30, 2011

1 Comment

Goodbye Massey and Thanks For Nothing

After months of speculation, Massey Energy, the most controversial coal mining company in the USA, is no more. On Saturday Alpha Natural Resources announced that it had bought out the company in a deal worth $8.5 billion. That’s a high price for the stock – metallurgical coal looks lucrative to short-sighted investors as the competing [...]

Continue reading...

Rumors Flying Over Massey’s Future

Wednesday, October 20, 2010

0 Comments

Rumors are circulating that Massey Energy, the largest mountaintop removal (MTR) mine operator in Appalachia, may be up for sale. The Wall Street Journal reported Monday that Massey “has formed a committee to study a number of options. Those options could include a sale to a rival or a private-equity firm, acquiring another company or [...]

Continue reading...

Campaign Calls for New York State Retirement Fund to Divest from Massey Energy

Monday, October 18, 2010

1 Comment

Here’s a guest post from “NY for Appalachia Rising”, who are calling for their state retirement fund to divest from Massey Energy: What can you buy with $15 million dollars? A blog, for one. Banking blog Bankaholic sold for that amount to a company called PadContent in 2008. An email: 15 million was the quote in [...]

Continue reading...

REVEL IN ACTION: Announcing The Winners

Thursday, October 14, 2010

0 Comments

The art of the brand jam is something Rainforest Action Network has worked hard to perfect over the years. This month, we gave folks in the RAN community a shot at it themselves AND a chance to win tickets to our biggest benefit party of the year- REVEL. We chose three dastardly corporations- Chevron, Massey [...]

Continue reading...

Is Mine Safety An Oxymoron?

Monday, August 30, 2010

0 Comments

33 miners are trapped deep in a gold and copper mine in Chile – they’ve been there for over three weeks and will likely stay trapped for at least another three. I just read an absurdly upbeat story by the AP which appears meant to calm fears for safety of the trapped miners. The article [...]

Continue reading...

Coal Owns Congress: Follow the Money Trail

Monday, August 16, 2010

0 Comments

Last week you may have heard about how International Coal Group is conspiring to pour money into three key election races in Kentucky and West Virginia. Now you can track which of our elected representatives have already sold out to the coal industry, thanks to this DirtyEnergyMoney.org, a new online database from our friends at [...]

Continue reading...