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	<title>Sightline InstituteCoal Finance Archives - Sightline Institute</title>
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	<description>News and Views for a Sustainable Northwest</description>
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		<title>Coal Market Roundup, February 2019: &#8216;Nobody is making any money&#8217;</title>
		<link><![CDATA[https://www.sightline.org/2019/02/13/coal-market-analysis-no-making-money/]]></link>
		<pubDate>Wed, 13 Feb 2019 13:35:47 +0000</pubDate>
		<description><![CDATA[Things are a bit of a mess in the PRB. And they're set to get messier still. | It&#8217;s been another disappointing few months for the US coal industry. And it&#8217;s been especially grim for Western US coal companies hoping that Asian exports will revive their flagging prospects. Here are some highlights—or perhaps lowlights—in the ongoing saga of King Coal&#8217;s demise: Fraser Surrey Docks coal project bites the dust. The dim prediction for West Coast coal exports grew even gloomier after the Port of Vancouver, BC, canceled its permit for the...]]></description>
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		<title>The Collapse of Coal Self-Bonding</title>
		<link><![CDATA[https://www.sightline.org/2018/03/20/the-collapse-of-coal-self-bonding/]]></link>
		<pubDate>Tue, 20 Mar 2018 13:30:46 +0000</pubDate>
		<description><![CDATA[New restrictions and increased vigilance have shrunk self-bonding to just a fraction of its former prominence. | If you care about coal mine cleanup, you should read this article. Really. Investigative journalist Mark Olalde has done a deep dive into the history of &#8220;self-bonding,&#8221; the controversial practice of allowing coal companies to avoid setting aside money to clean up their messes. It&#8217;s an important issue in coal country, and a great read for anyone interested in how the coal industry is evolving after its major players descended...]]></description>
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		<title>What&#8217;s Killing King Coal?</title>
		<link><![CDATA[https://www.sightline.org/2017/11/16/whats-killing-king-coal/]]></link>
		<pubDate>Thu, 16 Nov 2017 14:30:32 +0000</pubDate>
		<description><![CDATA[Solar power, wind, and efficiency have grown as coal has slumped. | As the chart to the right shows, coal consumption in the United States has been trending downward for nearly a decade. And if you&#8217;ve paid attention to the public debate, you probably heard two competing explanations for coal&#8217;s collapse. One narrative&#8212;the one that the coal industry wants us all to believe&#8212;holds that federal policymakers waged a relentless &#8220;war on coal&#8221; over the past decade, and that reversing anti-coal policies will breathe...]]></description>
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		<title>Coal Exports: The End Game Unfolds</title>
		<link><![CDATA[https://www.sightline.org/2017/05/03/coal-exports-the-end-game-unfolds/]]></link>
		<pubDate>Wed, 03 May 2017 16:30:34 +0000</pubDate>
		<description><![CDATA[A tumultuous week brought nothing but bad news for Northwest coal exports. | Financial turmoil! Political opposition! Environmental intrigue! By any measure it&#8217;s been a momentous week for Northwest coal exports. Here&#8217;s the rundown: A political game-changer in British Columbia In the midst of a tight election battle, BC Premier Christy Clark radically changed the debate over coal exports in the province last Wednesday by asking Canada&#8217;s Prime Minister, Justin Trudeau, to ban coal exports to overseas power plants. Media reports initially described the move simply...]]></description>
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		<title>Listen In: Sightline on the Next 4 Years of US Energy Policy</title>
		<link><![CDATA[https://www.sightline.org/2017/02/09/listen-in-sightline-on-the-next-4-years-of-us-energy-policy/]]></link>
		<pubDate>Thu, 09 Feb 2017 21:00:59 +0000</pubDate>
		<description><![CDATA[Sightline talks DAPL, "America First," and the energy question in Trump's tax returns with KBOO Radio. | On Monday, Sightline&#8217;s director of energy finance, Clark Williams-Derry, joined KBOO Community Radio&#8216;s Barbara Bernstein to discuss what the next four years of US energy policy may look like. The two discussed the future of the Dakota Access Pipeline (DAPL), legally, politically, and financially, given various divestment efforts around the US. Clark also detailed the inconsistencies in President Donald Trump&#8217;s competing promises to different segments of the US energy sector,...]]></description>
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		<title>Coal Exports and the Hidden Value of Federal Coal</title>
		<link><![CDATA[https://www.sightline.org/2016/06/17/coal-exports-and-the-hidden-value-of-federal-coal/]]></link>
		<pubDate>Fri, 17 Jun 2016 17:00:34 +0000</pubDate>
		<description><![CDATA[Coal exports can mean big profits&mdash;so why does the federal government sell coal for so little? | Sightline is releasing a new report today&#8212;Unfair Market Value II: Coal Exports and the Value of Federal Coal&#8212;documenting massive exports of federally owned coal over the last decade. The US Bureau of Land Management (BLM) sold private companies the right to mine this coal for a pittance&#8212;in some cases, for less than 20 cents per ton. And when Asian demand was red-hot, these companies made massive profits selling millions of tons of federal coal...]]></description>
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		<title>Arch Coal backs out of Longview export terminal</title>
		<link><![CDATA[https://www.sightline.org/2016/05/27/arch-coal-backs-out-of-longview-export-terminal/]]></link>
		<pubDate>Fri, 27 May 2016 17:30:04 +0000</pubDate>
		<description><![CDATA[Bankrupt coal giant walks away from a $60 million investment in coal exports. | And another one bites the dust&#8230; Starting six years ago, Washington and Oregon found themselves besieged by a flotilla of massive, well-financed companies hell-bent on building coal export terminals to feed Asia&#8217;s allegedly insatiable appetite for coal. But the coal industry&#8217;s vision of a robust export market turned out to be a mirage: starting in early 2011, international coal prices peaked and then collapsed for five consecutive years. One by one, as the Asian coal...]]></description>
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		<title>Sightline on the Bankruptcy of Coal</title>
		<link><![CDATA[https://www.sightline.org/2016/05/18/sightline-on-the-bankruptcy-of-coal/]]></link>
		<pubDate>Wed, 18 May 2016 13:30:35 +0000</pubDate>
		<description><![CDATA[Listen to an in-depth conversation on why coal the industry is on the ropes.  | Last month, Peabody Energy, the world&#8217;s biggest private coal company, filed for bankruptcy. And since 2012, about 50 coal companies in the United States have declared bankruptcy. As more and more coal companies go belly up, it&#8217;s an excellent time to examine the factors that are sinking the coal industry. Sightline&#8217;s director of energy finance Clark Williams-Derry takes an in-depth look at the bankruptcy of coal in this recent interview on KBOO, a community...]]></description>
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		<title>Peabody Energy Files for Bankruptcy</title>
		<link><![CDATA[https://www.sightline.org/2016/04/13/peabody-energy-files-for-bankruptcy/]]></link>
		<pubDate>Wed, 13 Apr 2016 22:00:26 +0000</pubDate>
		<description><![CDATA[World's biggest private coal company bet big on coal exports...and lost. | The big coal news of the day: Peabody Energy, the world&#8217;s largest private-sector coal company and one of the main proponents of the Gateway Pacific coal export terminal outside of Bellingham, Washington, has officially filed for bankruptcy protection. And Reuters gets the reasons just right: Peabody Energy Corp, the world&#8217;s largest privately owned coal producer, filed for U.S. bankruptcy protection on Wednesday in the wake of a sharp fall in...]]></description>
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		<title>Arch Coal&#8217;s Executives Gave Themselves $8 Million&#8230; for Failing</title>
		<link><![CDATA[https://www.sightline.org/2016/03/18/arch-coals-executives-gave-themselves-8-million-for-failing/]]></link>
		<pubDate>Fri, 18 Mar 2016 16:30:00 +0000</pubDate>
		<description><![CDATA[Bonuses on Friday, bankruptcy on Monday. | The executives of bankrupt coal industry giant Arch Coal, which declared itself insolvent back in February, apparently were quite proud of themselves for driving their company into the ditch. So proud, in fact, that they decided to give themselves $8 million in bonuses right before filing bankruptcy paperwork. Arch Coal Inc. paid its top executives more than $8 million in bonuses the business day before the company filed for bankruptcy in...]]></description>
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