Tag: energy poverty

Coal giant exploits the global poor to save its own hide

The outlook for coal — especially thermal coal, the kind used to make electricity — is increasingly grim. Developed countries are seeing flat demand and rapid shifts to natural gas and renewables. Several western investment banks are shifting their funding to renewables. Developing-world demand is still on the rise, but China, which has single-handedly supported coal export markets for over a decade, is planning to cap its use of coal and vastly increase its use of renewable energy by 2020.

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America’s worst corporate ogre: How Big Coal is shamelessly plotting to stay alive

Just as it once helped Marlboro cigarettes push into Asia at the end of the last millennium, public relations giant Burson-Marsteller is helping Peabody Energy, the world’s largest private coal company, become the dominant supplier to the world’s most ravenous coal market, a role worth billions to Big Coal that could lock in decades of dangerously high carbon emissions

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