West Coast Stopping Coal and Oil; Judges Ruling for KXL Had Tar Sands Investments; More Flash Coal Shutdowns
Green Line Of Protest Is Stopping Coal & Oil In Their Tracks. A recent Sightline analysis shows that proposed and newly permitted energy projects in the region would amount to the carbon equivalent of more than five Keystone XL Pipelines. But in big ways and small—from Coos Bay, Oregon, to Prince Rupert, British Columbia—the Thin Green Line has held fast.
Judges Ruling In Favor Of KXL Had Tar Sands Investments. One of the three judges who made the ruling, Bobby Ray Baldock — a Ronald Reagan nominee — has tens of thousands of dollars invested in royalties for oil companies with a major stake in tar sands production in Alberta. And his fellow Reagan nominee in the Western District of Oklahoma predecessor case,David Russell, also has skin in the oil investments game. The disclosures raise questions concerning legal objectivity, or potential lack thereof, for the Judges.
Glencore set for more flash coal shutdowns. Glencore is expected to run more shutdowns across its Australian coal business in the next six months, similar to its unprecedented blanket shutdown last Christmas, to avoid selling coal at a loss or heavy discount into a depressed market.
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