FacebookTwitterLinkedInEmailPrint分享Taylor Kuykendall for SNL:As the coal sector crumbles, analysts aim to draw up exactly what the industry might look like once it is pieced back together.Chiza Vitta, an analyst with Standard & Poor’s Ratings Services, said that even though his group covers base metals, precious metals and other mining companies, coal is taking up the bulk of the group’s time these days. The reason such a “significant amount” of time is being dedicated is the industry has gotten into such “severe distress” analysts must continually reassess the sector’s financial health as more and more coal giants fall into bankruptcy or teeter on the edge of it.“There’s a lot of negative sentiment out there,” Vitta said at the recent 24th Annual Platts Coal Properties & Investment conference.In addition to struggling to convince the broader investing public to get on board with coal, the industry is also seeing hesitancy in conventional lenders and other financiers, Vitta said. This is has caused debt to trade at distressed levels and prompted a trend toward more “private money” on the table from certain strategic investors.The result is merger and acquisition activity in early 2016 that is “well behind” the year before, even though coal assets have become available at rock bottom prices.Full article ($): Bankruptcy, tightened market cloud coal’s future as headwinds continue in 2016 SNL: 2016 ‘Headwinds’ Facing U.S. Coal
FacebookTwitterLinkedInEmailPrint分享Denver Post:Erin Martinez was at a news conference in February when Colorado legislative leaders and Gov. Jared Polis announced a bill that would make sweeping changes to how oil and gas are regulated. And she and her family had a front-row seat as Polis signed the bill into law Tuesday.Martinez was one of the strongest supporters of Senate Bill 19-181, which changes the mission of the Colorado Oil and Gas Conservation Commission, the main regulatory body for the industry. She spoke during a news conference and testified in hearings for the bill’s overarching goal — putting public health, safety and the environment first when considering oil and gas development.As he prepared to sign the bill, Polis said he hoped the new law will end the conflicts over the drilling that has increased in more populated areas. “Today, with the signing of this bill, it is our hope that the oil and gas wars that have enveloped our state are over and the winner is all of us,” Polis said.The bill makes protecting public health and safety and the environment a priority when considering oil and gas projects. The Colorado Oil and Gas Conservation Commission, the main regulatory body, would no longer be charged with fostering development.It also allows cities and counties to regulate oil and gas development under their planning and land-use powers, something communities have requested as drilling has increased in and near the growing cities and counties north and east of Denver.The oil and gas commission and the Colorado Department of Public Health and Environment will start writing rules to implement several portions of the new law. Some of the rules are expected to take up to a year to develop. The public will have opportunities to weigh in.More: Gov. Jared Polis ushers in new era of drilling regulation, but are “oil and gas wars” over? Colorado governor signs legislation overhauling state’s oil and gas development rules
FacebookTwitterLinkedInEmailPrint分享The Salt Lake Tribune:Completing a shift to renewable energy, Kennecott Utah Copper will shut down its last coal-fired power plant in Magna, shrinking its carbon footprint by as much as 65% — a total of more than 1 million tons of carbon dioxide a year, according to its owners.Rio Tinto, Kennecott’s corporate parent, announced Wednesday that power to the copper producer will come from 1.5 million megawatt hours of renewable energy certificates purchased from Rocky Mountain Power, which will be primarily sourced from its Utah-allocated portfolio, including wind power generated in Wyoming.The move formalizes a transition that has been underway at Kennecott Utah Copper, which mines and processes copper ore at its vast industrial network on the west side of the Salt Lake Valley, for the past several years, according to spokesman Kyle Bennett.“This ensures we are offsetting the electrical demand we use across our Utah operations with certified renewable energy certificates,” Bennett said. “Rio Tinto wants to be carbon neutral by 2050. Every operation within the portfolio would have to look at ways to achieve that.”Kennecott’s 75-megawatt Unit 4, added in 1960 and idled for the past two years, is the last coal-fired power plant on Utah’s crowded Wasatch Front and perhaps the oldest in Utah.More: Good news for Salt Lake Valley’s air: Kennecott to close its last coal plant, shift to renewable energy Kennecott to close its last coal plant in Utah, switch to renewable energy
8minute Solar Energy says its project pipeline now totals more than 18GW FacebookTwitterLinkedInEmailPrint分享PVTech:8minute Solar Energy has bolted a further 3GW of large-scale solar projects onto its pipeline, taking the developer’s tally to more than 18GW.8minute also confirmed that it had sourced additional corporate-level funding to develop that pipeline further, noting that it would also help advanced the firm’s so-called “new generation” project design that incorporates battery storage.Tom Buttgenbach, president and CEO at 8minute, said the company had spent recent months adding to the “bench strength” of its team, recruiting developers, engineers and technology innovators in a bid to improve the cost-competitiveness of its solar projects. This has resulted in growth of its project pipeline through its key markets of California, Texas and the US Southwest.New development capital has been raised from its JV partners including JP Morgan Asset Management and Upper Bay Infrastructure Partners, while the University of California (UC) Office of the Chief Investment Officer of the Regents – the body responsible for management UC’s investment funds – recently joined 8minute’s stable as a “significant investor”.While no specific details of projects were forthcoming, 8minute did stress that it was keen to replicate the model spearheaded by its Eland Solar & Storage Center in Kern County, California. Having received approval for the project last year, 8minute will combine 400MWac of solar with 300MW/1,200MWh of energy storage, providing dispatchable power at a price of under US$0.04c/kWh, the company claimed.8minute sold the Eland project to asset manager Capital Dynamics earlier this year, however it remains an equity partner in it and has remained as its developer.[Liam Stoker]More: 8minute takes U.S. pipeline to 18GW, boasts new investment
Denmark moving ahead with plans for 4GW of wind capacity on offshore ‘energy islands’ FacebookTwitterLinkedInEmailPrint分享Recharge:Denmark confirmed plans to build two ‘energy islands’ populated by wind turbines that would add 4GW to its renewable power capacity by 2030.The islands – one artificial structure in the North Sea and the natural island of Bornholm in the Baltic – would represent a “paradigm” shift away from individual wind farms, said the nation’s energy ministry. The North Sea site will have the potential to grow to host 10GW of wind capacity, while power generated on the islands could be used to produce green hydrogen to fuel heavy industry or transport, said the government as it added details to plans first mooted late last year.The Danish government plan – part of a wider climate initiative – chimes with proposals tabled by offshore wind giant Orsted in 2019. The Danish group unveiled plans for a 5GW offshore wind hub connecting Denmark, Poland, Sweden and Germany, supporting large-scale production of green hydrogen and creating what it called “the world’s first energy island” on Bornholm.The energy islands initiative still needs approval from the Danish parliament. The developments could link to neighbouring power systems to facilitate export of green power.Denmark – historically a pioneer in the wind sector – has passed legislation committing it to 70% emissions reductions by 2030.Its next big offshore wind project to be awarded will be the up-to 1GW Thor, the first of three major developments planned before 2030. The nation had 1.7GW installed offshore by the end of 2019.[Andrew Lee]More: Denmark confirms massive wind plans for ‘world’s first energy islands’ in North Sea and Baltic
EIA: 2020 U.S. coal production will fall to 501 million tons, 29% drop from 2019 FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):The U.S. Energy Information Administration once again lowered its projections for 2020 coal production, foreseeing a 29% drop in output compared to the prior year.The EIA said in its latest “Short-Term Energy Outlook” released July 7 that it expects U.S. coal miners to produce 501 million tons in 2020, compared to 705 million tons in 2019. The energy forecaster said its sinking predictions for coal production were “largely” reflective of declining demand for thermal coal from the domestic power sector and metallurgical coal from the coal export market. The agency also acknowledged the impacts of COVID-19 mitigation efforts, which resulted in mines idling to preserve worker safety.The agency slightly lowered its expectations for production to rebound in 2021 atop an expected rise in gas prices, asserting output would increase by 7% to 536 million tons. This figure is lower than EIA’s June estimate of 549 million tons to be produced in 2021.Coal exports are expected to decrease in 2020 by 32% to 63 million tons as Atlantic ports “are seeing decreased demand because of the global economic slowdown,” EIA stated. The agency said it expects exports to increase by 7% in 2021, a “limited” boost held back by declining demand for U.S. coal in India.EIA also predicted coal prices will decrease in 2020 to $1.98/MMBtu, 4 cents lower than its June forecast. Prices will increase in 2021 to $2.04, EIA said.[Jacob Holzman]More ($): U.S. EIA predicts 29% drop in coal production for 2020
Music City Roots rocks each Wednesday night at the Loveless Café.Each Wednesday night, the folks at Music City Roots continue a rich Nashville tradition that dates back to the advent of the radio – live music on the airwaves. From the Loveless Cafe, established icons and rising stars take the stage and put on display the best that Americana music has to offer. There appears to be just one qualification to play – you have to be bad ass good. Music City Roots alums include The Civil Wars, Emmylou Harris, Sam Bush, Tim O’Brien, and even John Oates (yes, THAT John Oates), and while the roster is heavy on acoustic icons, it isn’t uncommon to see – or hear, if you are listening at home via the web or radio – rockers like Dex Romweber, The Futurebirds, The Dexateens, or Mike Farris on the bill.In conjunction with Compass Records, Music City Roots has recently released Music City Roots – Roots Moments/Season 1. Recorded between October and December of 2009, the ten tracks on this record showcase exactly what Music City Roots does each and every week – a steady parade of great roots musicians. Featured on this disc are Grammy winner Jim Lauderdale, the regular host of the weekly program, Nanci Griffith, Charlie Louvin, Mike Farris & The McCrary Sisters, and Scott Miller – all stars in the world of Americana. The Black Lillies, Holy Ghost Tent Revival , 18 South, Miss Tess & The Bon Ton Parade, and Caitlin Rose also have performances included.Perhaps the best track on the record is the final cut, the “Loveless Jam,” which closes the show each week. All of the bands/performers from the show join the host on stage for one final number. In light of the recent passing of Levon Helm, the track choice on the record couldn’t be more appropriate – “Up On Cripple Creek,” led by Lauderdale, Mike Farris, and Sam Bush, who does a spot on lead vocal that could nearly be taken for Levon himself.If you find yourself in the Nashville area on Wednesday (May 2nd), make sure to head over to the Loveless Cafe for Music City Roots. This week’s bill includes cycling cellist Ben Sollee, Pierce & Grace Pettis, Pieta Brown, Grant Farm, and Erin McDermott. The show always starts at 7 P.M. CST. If you and yours happen to be somewhere else, you can always surf over to www.musiccityroots.com for the live stream.
Population: 178,874Public lands: Great Smoky Mountains National Park, Cherokee National Forest, Knoxville Urban WildernessOutdoor highlights: Big South Fork, Obed River, Black Mountain, Haw Ridge trails
It seems to be a common misconception that fly fishing for trout is overly complicated, and there are elements that lend themselves to complexity—like the diversity of a trout’s diet for instance, which has several layers pertaining to insect life cycles and a fish’s feeding behaviors.All of this can be overwhelming to a novice angler, but if you pay close attention to your surroundings, and learn to spot feeding fish, you’ll be pleasantly surprised with the outcome.The first thing I do when I approach a particular pool or trout lie is stop and watch. If I see fish rising to the surface and their noses breaking the water with perceptible insect activity in the air, I can assume that they are probably feeding on the mature form of a particular insect, rather than nymphs which live beneath the surface. Photos Courtesy of Albemarle AnglerThe fly I would use to match this would float high and dry on the surface, and with a good drag free drift, hopefully be eaten. If I drift this dry fly over their heads and they refuse it, I would first downsize my tippet then the size of my fly.Say for instance these fish are bulging at the surface but not necessarily breaking it with their heads. Maybe there are a few insects flying around or crawling on rocks but not swarming.These trout are probably feeding on insects emerging through the water column on their way to adulthood. This intermediate stage of an insects’ life cycle can often be tough for the untrained eye to decipher. But, if the trout are active and feeding high in the water column but not pushing their noses out of the water, give an emerger pattern or soft hackle fly a try.Finally, since a trout’s diet is around 90% subsurface, fishing nymphs and larva flies will generally be a safe bet. If you approach the stream and don’t see much activity from fish or insect they are probably feeding on nymphs.As the water flows it dislodges rocks covered by tons of nymphs close to the bottom of the streambed. Trout will find areas in the current that channel food directly towards their hungry mouths. If you encounter this situation, try tying on a weighted nymph under an indicator or even suspend it under a dry fly to cover two layers in the water column.In developing your keenness for fly fishing, slow down and smell the wildflowers. Take your time to observe and assess the behavior of your quarry, make your best judgment, tie on a fly, drift it through and fish on!Scott Osborne is a fly fishing guide at the Albemarle Angler in Charlottesville, Virginia. Check them out on Facebook.
When we crossed the Colorado border, I was curled up in the fetal position on the bed. It was nearing midnight, and Adam had been driving for the better part of the day. About Kansas, I had started to feel sick, like that pre-flu-achey-type that makes you feel useless, the world numb. Chills, sweats, fatigue. I could hardly stay awake behind the wheel for 20 minutes. Convenient timing for a halfway-across-the-country roadtrip.And so, Adam drove, his eyelids heavy from the 15+ hours he’d already driven. I took the wheel and slogged the last hour into Boulder, the least I could do, before pulling into a Safeway parking lot. It took every shard of energy I could muster to stumble back to the bed and collapse.When we awoke the next morning, the realization sunk in.We made it.In the distance, the Flatiron Mountains rose sharply toward the sky, their craggy faces peaking faintly through the early morning clouds. The Safeway parking lot looked magical, ethereal even, as the sun sparkled down on its blacktop.I had only been to Colorado once before, and Adam never.Toto, I have a feeling we aren’t in Kansas anymore, came Dorothy Gale’s voice from the recesses of my mind.“Whoa,” was about all I could say.Were it not for the stomach virus I battled over the next few days, the reality of our new surroundings might have felt more novel than “whoa.” But on Thursday night, our rig heading westward, I finally felt the sparkle of the unknown rekindle my flame of wonder.From Boulder to Grand Junction takes a little over four hours, so instead of getting up early to drive, we decided to drive late. Adam slept soundly in the back. I fiddled with the radio, landing on a staticy station playing Mexican corridos, and settled in.Soon, the lighted streets of Boulder faded into clear darkness. It was just me, the wheel, and the moonlit road before me. Mountains emerged out of the shadow of I-70, their snow-capped peaks glistening in the moonlight. I felt swamped in their grandeur. My coworkers in Boulder had deterred us from driving at night, more for the lack of views than anything. But each and every ridgeline was perfectly silhouetted in a silvery sheen, the scree fields and saddles and valleys below. I could see everything.After a weekend of working the Grand Junction Off-Road, we headed 20 minutes out of town to the cycling mecca of Fruita. That Sunday marked the first day I had felt any significant signs of improvement, and I was eager to see Colorado from a trail and not a road. We pulled into the BLM camping in North Fruita Desert and immediately knew we were somewhere special. Mesas and cliff faces of red and gold sprang to life from the barren sandy plains. The wind howled, sending swirling tornadoes of sand across our campsite.Within the hour, I was sweating, huffing my way up Prime Cut, thinking very little of those same impressive mounds of earth around me. My throat cracked from thirst. I felt weak and wobbly, unsure of myself despite the practically smooth, well-graded trail. Adam was waiting at the top of the climb, grinning from ear to ear. “Would you look at this place?!” he exclaimed, howling into the wind.“It’s beautiful,” I gasped between sips of water.In truth, I was so consumed with thinking about how much I suck at mountain biking that the beauty of the desert hardly fazed me. I couldn’t shake it, this negativity, no matter how hard I tried to reason with myself. Every time I had to hike-a-bike was like a walk of shame. I was starting to feel defeated.Then, the already-gradual climb leveled out. We whirled around berm after berm, picking up speed as we wove between pockets of sagebrush and juniper trees. Up and down, up and down, hugging hillsides and dropping into steep culverts. Was this a trail or a roller coaster? “Yeeeeeeewwwww,” I yelled, surprising myself. Now this is fun.I could faintly make out Adam’s yellow pack up ahead, bobbing along as he, too, rolled up and over down the trail.Suddenly, my front tire skidded. A rabbit darted across the trail in front of me. I braked, looking over my shoulder to catch a glimpse of its tail diving into the thicket. In that second, I shifted my handlebars with my gaze. By the time I whirled around, I knew I was in trouble. Too late to correct.Smack. My wheel crunched into the trail and pitched me forward, my right shoulder and jaw landing first. I imagine I must have looked like a cartoon character sliding across the ground, face-first, legs up over her head. When the dust around me settled, I slowly righted myself, careful to avoid hitting the raw underside of my forearm. I could feel the gritty dirt in my teeth, caking my tongue and throat. My head was throbbing. I started laughing hysterically.“Jessie are you okay!?” Adam ran down the hill toward me. When he saw that I was laughing, the concern in his brow relaxed. I, on the other hand, couldn’t tell if I was laughing or sobbing. Whatever it was, it was uncontrollable. For the most part, nothing hurt. I hadn’t broken anything. My bike was fine.I took a few deep breaths and stood up, walking my bike to the top of the hill.Adam said something to the effect of “Dude, all I saw was your rear wheel…” but his words fell on deaf ears. I was dizzy. My head, heavy.“I think I need to sit down,” I mumbled, buckling at the knees and sinking to the ground. I then proceeded to hyperventilate, which I’ve never done before, so I didn’t know I was doing it until Adam said “Breathe,” and I couldn’t.15 minutes later, the chest spasms had passed. I was starting to breathe normally again, though my head felt foggy. Cautiously, we set off toward our campsite, Adam cruising behind with a watchful eye. When I returned to camp, I had a hard time laughing off the fall. First a stomach virus, now this?What gives? I thought.But as the sun eased past the horizon and the moon rose, lighting up the mesas, I thought back to my drive from Boulder and the sense of wonder those snow-capped peaks fueled in me. I had come west to explore unknown (to me) places, experience new things. Of course I would be pushing myself in the process.There’s that saying, ‘If you want something you have never had, you must be willing to do something you’ve never done.’ Going westward, getting a stomach virus, and flying otb, I’ve never done any of those things before. Perhaps this is just the start. – Jess D.Like anything you see in the images above? Check out some of these awesome products from our sponsors La Sportiva, Farm to Feet, Mountain House, LifeStraw, IceMule Coolers, ENO, DeLorme, Crazy Creek Products.