- “Blackjewel Withheld $1.2 Million From Payroll, Didn’t Put In 401(k)s” • Bankrupt coal mine operator Blackjewel LLC has withheld $1.2 million from employees’ paychecks without depositing the funds in the workers’ retirement accounts. The company suddenly shuttered two Wyoming mines on Monday, laying off nearly 600 workers. [WyoFile]
(Since the beginning of May, Cambrian Coal and Cloud Peak have also filed for bankruptcy.)
- “Paychecks Bounce, Leaving Kentucky Coal Miners At Bankrupt Blackjewel In A Bind” • It’s been an anxious week for coal miners in Southeastern Kentucky after their last paychecks from a bankrupt coal company bounced, leaving them short on cash and wondering when, or if, they’ll get paid or go back to work anytime soon. [Lexington Herald Leader]
- “OPEC Head: Climate Activists Are The ‘Greatest Threat’ To Oil Industry” • What’s one of the world’s most powerful cartel’s afraid of? A bunch of meddling kids. Climate activists and their “unscientific” claims are “perhaps the greatest threat to our industry going forward,” said Mohammed Barkindo, the secretary general of OPEC. [Grist]
- “More Signs That Natural Gas Can’t Compete With Renewables On Cost” • From a natural gas industry conference to a major metropolitan area, it is getting clearer that natural gas is losing economically to renewables and battery storage. Considering recent news on climate change, this emerging reality couldn’t come soon enough. [DeSmog]
- “Gold Fields Mine Is First In Australia To Incorporate Wind Into A Hybrid Microgrid” • Gold Fields and EDL are rolling out the first hybrid microgrid with windpower at a mine in Australia. The Agnew minewill have 18 MW of windpower, 16 MW of natural gas generation, 4 MW of solar and 13 MW/4 MWh of energy storage. [Microgrid Knowledge]
For more news, please visit geoharvey – Daily News about Energy and Climate Change.