Economy & Business

"A New Tack in the War on Mining Mountains"

"Last week, with little fanfare, PNC Financial, the nation’s seventh-largest bank, disclosed a significant strategic shift. The bank said it would no longer finance coal-mining companies that pursue mountaintop removal of coal in Appalachia, an environmentally devastating practice that has long drawn opposition."

Source: NY Times, 03/10/2015

PUCO Rejects Deal To Have Ratepayers Subsidize a Coal-Fired Power Plant

"The Public Utilities Commission of Ohio made history Wednesday in a ruling refusing to allow AEP Ohio to saddle ratepayers with extra charges to subsidize the continued operation of a 1950s-era coal-fired power plant that it owns along with FirstEnergy and other state utilities."

Source: Cleveland Plain Dealer, 02/27/2015

Pages

Subscribe to RSS - Economy & Business