Full article ($): U.S. Coal Sector Faces Reckoning What isn’t sustainable are the publicly traded coal powers built atop the recent China-driven commodity boom, and the corporate structures—headquarters, salaries, pensions—they maintained. FacebookTwitterLinkedInEmailPrint分享John W. Miller for the Wall Street Journal:Peabody Energy Corp. warned Wednesday that it could go bankrupt, signaling the end of an era for listed U.S. corporate coal companies, even as their mines continue to fuel a big chunk of the country’s power stations.A chapter 11 filing by St. Louis-based Peabody, the U.S.’s largest coal miner, would be the latest in a wave of bankruptcies to hit top American coal producers, including Arch Coal Inc., Alpha Natural Resources, Inc., Patriot Coal Corp. and Walter Energy, Inc.U.S. coal miners are wrestling with high debt levels, low energy prices, new environmental regulations, the decline of steel production, and the conversion of coal-fired power plants to use natural gas made abundant by shale drilling.The industry’s troubles come amid a larger political debate over the future of coal that has flared up in the presidential contest. Most Democrats, concerned about the effects of burning fossil fuels on the environment, advocate a switch to cleaner energy sources, while Republicans decry job losses in the coal sector that they predict would come from policies cutting carbon emissions. The industry’s setbacks have been especially damaging in the coal strongholds of Wyoming and Appalachia.To be sure, this isn’t the end for coal. Just under one- third of the U.S. grid is still powered by coal, and hundreds of mines are still profitable and operating. WSJ: U.S. Coal Sector Faces Reckoning
Former Tipp centre back John McIntyre was happy with Maher’s performance against the Rebels and says he’s got the potential to become a solid No 6 for the Premier county. The Premier County are set to take on our neighbours and rivals in Cusack Park in Ennis on Sunday week with a throw in time of 3.45. Michael Ryan’s men booked their place in the last 8 with a convincing win over Cork at the weekend…Ryan has used several new players to the squad in a number of positions in recent weeks. One of those who is coming in for huge praise in Thurles Sarsfield’s Ronan Maher at centre back…the mid Tipp clubman got his first full start in the league outing against Waterford and impressed once again on Sunday.
AFRICAN BAD’TON CHAMPThe Nigerian team in the team event of the African Badminton Championship in Port Harcourt had a good start, smashing South Africa 5-0 in their opening game. Egypt also did the same to DR Congo, winning 5-0 as the championship took a one-sided affair.Mauritius also beat Benin Republic 5-0, the same score line that Algeria had over Togo. Cote d’Ivoire also fell 0-5 to Ghana. Earlier in the day when the draw was conducted, Nigeria along with Zimbabwe and South Africa was in Group D. In Group A are Egypt, Uganda and DR Congo. Group B has Mauritius, Zambia and Benin Republic while Algeria, Ghana and Cote d’Ivoire are in Group C. The top four seeds head the four groups.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram