The market’s message is simple: coal’s day is ending. Three major coal companies (Alpha Natural Resources, Walter Energy, and Patriot Coal) have gone into bankruptcy. The two largest publicly traded companies (Peabody and Arch) are now trading for a dollar a share, down from $16 and $33 within the past year. They, too, may well … Continue reading »
carbon
Clean Tech 0 vs. Carbon 1
Even though clean energy technologies have experienced substantial rapid growth in recent years, their combined efforts were not enough to prevent the largest single-year increase of atmospheric CO2 release since 1984. In 2013 alone, the atmospheric CO2 concentration jumped by 2.9 parts per million (ppm) to a total of 396 ppm. A consortium of scientists of … Continue reading »