Coal industry stock prices took yet another tumble, with all four of the largest US coal companies closing at all-time lows. This, I’m sure, is the first time that many folks had ever read anything about coal mine cleanup, especially in the business press. So for newbies who just want an overview of the issue, have I got a treat for you: an FAQ covering the basics of the coal mine reclamation liabilities. Read more.
10. When love wins
If the oil industry gets its way, the US will soon begin exporting tankers full of American crude to overseas markets. Although such shipments are for the most part illegal today, the Obama Administration is quietly changing the rules to favor oil exporters.
To shed some light on the government’s behavior, the environmental law firm Earthjustice filed a formal Freedom of Information Act request in February on Sightline’s behalf, but it was greeted only by stony silence. So today, … read more »
Editor’s Note 6/29/15: The world became brighter today when the US Supreme Court ruled by a 5-to-4 vote that same-sex marriage is a legal right across the United States. Sightline believes that marriage equality is a matter of human dignity. We are proud that the nation is making sustainability legal and moving towards a more just society.
Would giving same-sex couples the right to marry boost the economy? Perhaps so. In his 2002 book, The Rise of the Creative Class, Richard Florida argued that LGBT-friendly places tend to attract talented, creative people of all orientations who are looking for tolerant, vibrant, and interesting places to live and work. Florida believes that attracting creative talent is vital to a region’s success in the modern economy, and famously asserted that “the legalization of gay marriage is one of the great talent attraction packages of the last hundred years.” Read more »
If you follow Northwest coal export issues, you’ve probably heard that China’s demand for coal is sinking fast. Overall coal consumption in China fell a whopping 8 percent the first four months of 2015—an astonishing decline for an economy that’s growing as quickly as China’s. But imports really took it on the chin, with China’s customs department reporting that the country’s ports handled 38 percent less coal from January through May than in the same months of the prior year. China’s import decline has kept Pacific Rim coal prices in the doldrums, and completely deflated market expectations for ready profits from the international coal trade.
But what’s less well known is that China isn’t the only country that’s posing a challenge to coal exports. South Korea, which is the destination for much of the US coal shipped across the Pacific, is seeing many of the same trends. Read more »
Two of may favorite things recently came together: Tim Urban of WaitButWhy and Elon Musk, of, you know, the future of humanity. Tim has now written about Musk, and Tesla (warning, this article is seriously a small book), solar energy, and hyperloop. HYPERLOOP!
A moment for Hyperloop vs. High Speed Rail… CA plans to build a train that:
- If it is finished as projected in 2029 (because large projects like this always finish on time), will