coal exports
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Ambre Energy’s risky bet on US coal exports
It’s not a good time to be a coal industry executive in the US. Last year, wind power made up nearly half of all new installed electricity generation, and domestic coal use is on the decline year after year. With dimming prospects at home, companies are in a race to export US coal to foreign markets. Some of […]
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Coal companies’ scheme to dodge royalty payments draws federal investigation
One of the many subsidies that coal mining companies like Arch and Peabody enjoy is coming under increased scrutiny from federal regulators. The Department of Interior (DOI) announced that an investigation has been launched to determine if coal companies are using sister companies to reduce the royalties they owe when exporting taxpayer-owned coal to foreign markets. The […]
