GLG News by Elevators and Escalators Experts

    Coal plants produce byproducts that have a beneficial use to society. The installation of air pollution controls (APC) may affect this mix of coal combustion byproducts.

    According to the Forbes article, UBS upgraded shares of Massey Energy to “Buy” from “Neutral”.  The commentary section describes the current market condition that may affect Massey.  At the moment, it is still a mixed picture.

    The Mountaintop Removal issue has been an ongoing issue for years for Appalachian surface mines.  It has been used successfully by interveners to delay, suspend, or block surface mining activities at Appalachian Mines.       The...

The attached discussion states Bank of America cut its target prices for U.S. coal equities on August 22, 2007. (Yes, not until August 22!!!!).  B of A cites coal production and inventory levels for its view. The commentary section discusses current coal production and inventory numbers...

The Surface Transportation Board (STB) in January 2007 ruled that fuel surcharges in rail transportation agreements must more accurately reflect the actual cost of the movement and not be a double-dip by including fuel-related costs also in indices utilized to adjust rates.  The STB’s decision...

U.S. coal sales and pricing have been hit the last several months as a result of much higher-than-normal coal inventories at coal-fired power plants.  One bright spot has been the increase in U.S coal exports.

    The article discusses the emissions from the top coal plants.  Sulfur dioxide is one of the emissions discussed in the article.  The article does not focus on how sulfur dioxide emissions from coal plants is approximately half of what they were in 1990 after the Clean...

Senate Bill 953 and House of Representatives Bill 2125 are crafted to help address the monopolistic powers of the nation’s Class I Railroads.  The Analysis section discusses the major points of the proposed legislation.  

The UK Government has announced proposals to deliver 3 million new homes by 2020 to keep up with demand, particularly for affordable, sustainable homes. To enable this to happen, land must be made more readily available and the complex planning process that exists, must be simplified. To achieve...

Senators Bingaman (D –NM) and Specter (R – PA) introduced the “Low Carbon Economy Act of 2007” on July 11, 2007. It is designed to reduce CO2 emissions. The mechanics of the proposal legislation and the benefit to the coal industry are discussed in the commentary section.