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Wyoming coal producer Cloud Peak files for bankruptcy

December 31, 2020 | By admin | No Comments | Filed in: mtxrtiwaj.

first_img FacebookTwitterLinkedInEmailPrint分享Casper Star Tribune:Cloud Peak Energy, the coal giant that operates two Wyoming mines, filed for bankruptcy Friday amid mounting debt and declining demand.The filing follows months of troubling signs for the Powder River Basin operator, which for a time avoided the economic difficulties of its competitors but had of late experienced growing financial challenges as the market for its product diminished.The company’s filing indicated it had, as of the end of the year, nearly $929 million in assets and almost $635 million in total debts.In its announcement, the company said its mining operations would continue as normal as it moves through the bankruptcy process. But the filing represents the latest concerning episode for coal, which has been one of the main drivers of the state’s economy, along with oil and natural gas.Cloud Peak owns three Powder River Basin mines: the Antelope and Cordero Rojo in Wyoming and Spring Creek in Montana. The mines shipped 50 million tons of coal in 2018. Cloud Peak is Wyoming’s third-largest coal producer, and its mines represent 20 percent of the state’s coal miners in the Powder River Basin.Cloud Peak is the fourth major coal producer in Wyoming, the top coal-mining state, to file for bankruptcy in recent years. Bristol, Tennessee-based Alpha Natural Resources filed for bankruptcy in 2015, followed by top-producing Peabody Energy and Arch Coal in 2016. Westmoreland Coal, which operates the Kemmerer Mine in southwest Wyoming, filed for bankruptcy in October.More: Wyoming coal giant Cloud Peak files for bankruptcy Wyoming coal producer Cloud Peak files for bankruptcylast_img read more

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Just Label It

December 30, 2020 | By admin | No Comments | Filed in: zuwcxmlkn.

first_imgAt present the U.S. Food and Drug Administration doesn’t require labels for foods with genetically modified ingredients, but labeling proponents believe consumers have a right to be able to make informed choices about which foods they put into their bodies and support with their pocketbooks. Dear EarthTalk: Can you fill me in on what the “Just Label It” campaign is and what it is trying to accomplish?— Eric Altieri, Columbus, OHJust Label It is an effort spearheaded by organic farmers and food producers, consumer and public health advocates and environmentalists to persuade the federal government to require that foods with genetically engineered (GE) ingredients be labeled accordingly. Consumers have a right, they believe, to be able to make informed choices about which foods they put into their bodies and support with their pocketbooks.Most Americans aren’t aware that some 80 percent of processed foods at grocery stores contain GE (also known as “genetically modified,” or GM) ingredients—yet in polls 93 percent of us support the notion of mandatory labeling of such foods. At present the U.S. Food and Drug Administration (FDA) doesn’t require labels for foods with GE ingredients.Proponents of Just Label It worry that genetically engineered plants (and animals) could wreak havoc on human health and natural ecosystems, given how little we know about them and their ability to proliferate beyond our control. Among the concerns: There has been no long-term health safety testing on GE ingredients because they are so new; unexpected mutations can occur which can introduce unknown toxins into the food supply; the increasing use of herbicide-resistant genes in crops is leading to the overuse of herbicides in general; and the planting of GE crops that are programmed to generate their own pesticides means that more pesticides are in our farms and fields than ever before. Perhaps most worrisome of all is that, unlike chemical pollution or even nuclear contamination, so-called “genetic pollution” (as some critics refer to GE) cannot be cleaned up after the fact once the proverbial genie is out of the bottle.“What unifies many of us is the belief that it’s our right to know,” Just Label It organizers report. The idea for the campaign grew out of a 2011 meeting of organic stakeholders organized by Organic Voices, a project that documents the oral history of organic farming and sustainable agriculture.The first order of business for the “Just Label It” campaign was to submit a legal petition—written by attorneys at the non-profit Center for Food Safety—to the FDA in September 2011 calling for the mandatory labeling of GE foods for sale in the United States. At this point, FDA is taking public comments on the petition and will issue a final ruling on it later in 2012.Consumers can make their opinions on the topic heard by FDA regulators by customizing and submitting the form letter available at the JustLabelIt.org home page. To date some 600,000 people have sent along comments to the FDA due to the campaign’s outreach efforts. Just Label It aims to get that number to one million by the end of spring 2012, and is now working with 450 different partner groups to help spread the word. Campaign organizers are hoping that this outpouring of support will resonate with FDA regulators when it comes time for them to decide whether or not the U.S. should join almost 50 other countries–including South Korea, Brazil, China, and the European Union—in requiring GE labeling across the board.CONTACTS: Just Label It, www.justlabelit.org; FDA, www.fda.gov; Center for Food Safety, www.centerforfoodsafety.org; Organic Voices, www.organicvoices.com.EarthTalk® is written and edited by Roddy Scheer and Doug Moss and is a registered trademark of E – The Environmental Magazine ( www.emagazine.com). Send questions to: earthtalk@emagazine.com. Subscribe: www.emagazine.com/subscribe. Free Trial Issue: www.emagazine.com/trial.last_img read more

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The market in minutes

October 20, 2020 | By admin | No Comments | Filed in: kkcykwsge.

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

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