Pensions Powered by Climate Change

Pensions Powered by Climate Change

If I had $17 million in savings, I’d take advantage of that financial security and retire early. That’s the average total retirement assets of chief executives at the top 30 U.S. oil, natural gas, and coal companies, according to a recent report by the Institute for...
Don’t Get Burned by Coal’s Demise

Don’t Get Burned by Coal’s Demise

Stanford, Georgetown, and other universities are stripping coal stocks and bonds out of their endowments. Why? For starters, they don’t want to lose money. At least 200 U.S. coal-fired power plants have stopped operating since 2010, shrinking the total fleet by 40...
A Fossil-Fueled Fantasy

A Fossil-Fueled Fantasy

Newfangled carbon-capture power plants supposedly burn coal without poisoning the planet. They don’t. Extracting coal from the ground and disposing of its toxic byproducts makes a dirty mess no matter how it’s burned. But this “clean coal” ruse is conjuring up...
Coal’s Collateral Damage

Coal’s Collateral Damage

Coal’s death throes are drawing closer, especially in Appalachia. Nearly three-quarters of the coal extracted from West Virginia, Virginia, and Kentucky these days is being mined at a loss. The number of coal companies declaring bankruptcy or edging toward it is...