Solaris exits Canada for Switzerland with new CEO, board and spin-out plans
The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
A new £165 million (about $218 million) coal mine, Woodhouse Colliery, has been unanimously approved by councillors in the county of Cumbria, in northwest England. The mine promises hundreds of jobs, but also protests by environmental activists.
West Cumbria Mining plans to open the country’s first new deep coal mine next to the site of the former Hag colliery in Whitehaven, which closed down three decades ago.
The Woodhouse Colliery is set to create 500 jobs, but opponents say it will also contribute to global warming, Gizmodo reports.
Once Woodhouse Colliery begins operations, West Cumbria plans to extract and process around 2.5 million tonnes of metallurgical coal a year, for five decades, to supply UK and European steel-making coal plants. These currently import around 45 million tonnes from the USA, Canada, Russia and Australia annually.
The last deep mine in the UK, Kellingley Colliery in North Yorkshire, shut in 2015.
4 Comments
Bob Hall
You can import the coal or produce it yourself. No question in my mind – do it! or you can be like Canada – import oil and let your own oil sit. But Canada also exports LOTS of coal! Politics huh?
gkam
https://energynews.us/2019/03/25/midwest/analysis-new-wind-solar-cheaper-than-operating-most-existing-coal-plants/
gkam
Although this relates to metallurgical coal I want to see if the post about how renewables are now cheaper than coal for power production, (below) makes the cut to be posted online.
Mick Wenlock
Great news.