Featured Post

IEEFA Europe: Seeds of an Industrial Alternative to Germany’s Regional Lignite Economies

In the Shadow of a Fading Industry, a Newer One Grows

In the same week that Germany’s economy minister, Sigmar Gabriel, ruled out a coal phase-out timeline until alternatives opportunities are in place for affected communities, Daimler broke ground on a major new electric vehicle battery factory 30 kilometers from the 1,500-megawatt Schwarze Pumpe power plant in the lignite mining heartland of Lausitz. Gabriel on Tuesday […]

October 27, 2016 Read More →

IEEFA Report: Red Flags on ExxonMobil: Core Financials Show a Company in Decline

Potentially Irreversible Slide; Falling Revenues, Rising Debt, Shrinking Capex, Weak Cash Balances Add to Growing Reputational Risk Tied to Climate-Change Controversy; ; Institutional Investors Owe Their Shareholders a Fiduciary Review

CLEVELAND, Oct. 26, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis (IEEFA) published a report today that indicates deep financial weaknesses at ExxonMobil (XOM) and suggests the company is in potentially irreversible decline. The report—“Red Flags on ExxonMobil (XOM)”—by IEEFA Director of Finance Tom Sanzillo, cites key metrics that include a 45 […]

October 26, 2016 Read More →

IEEFA Asia: Adani, in Latest Report to Investors, Skips Mention of Its Australian Coal Project

As Energy Markets Continue to Evolve, Less Likelihood Carmichael Mine Will Be Developed

Adani Enterprises Ltd—the 100 percent owner of Adani Mining Australia Pty Ltd, the entity that owns the massive Carmichael open-cut coal proposal—is reporting a net loss of US$11 million for the three months to September 2016. This comes on the back of a 33 percent year-on-year decline in operating profits and an 18 percent rise […]

October 25, 2016 Read More →

IEEFA Op-Ed: Coal Will Not Recover

Falling Prices for Other Fuels, Not Regulation, Is the Problem

From the Pittsburgh Post-Gazette: Coal production in the United States has declined enormously in recent years due to the simple reason that the coal-fired power industry is producing less of the country’s electricity than ever. As recently as 10 years ago, coal-fired power plants provided half of America’s power needs. Today that number is closer […]

October 24, 2016 Read More →
1 3 4 5 6 7 326