Murray bankruptcy and the continuing decline of the coal industry
Murray declares bankruptcy
From CNBC earlier this morning:
Murray Energy joins growing list of coal companies to declare bankruptcy
Today's Wall Street Journal sees this as a long-term trend:
In Pro-Trump West Virginia Coal Country, the Jobs Keep Leaving
Fixing the blame. . .
Environmental groups sue as state and federal regulators do nothing to stop the excessive dumping by Murray Energy and Justice-owned coal companies
Several West Virginia coal mines, including some owned by the governor’s family, have released many times the allowable amounts of pollutants into nearby waterways in recent years without being penalized by regulators, according to environmental groups citing state data.
The Ohio Valley Environmental Coalition, . . .
Clash of the Titans: Coal and natural gas battle over future power plants and a local “grass roots organization” is a major player
Is there any local coverage?
Before there was “fake news,” there was “astroturfing” from “grass roots organizations”
I’ve written about astroturfing on several occasions. Here’s how I first explained it:
The Online Slang Dictionary defines astroturfing as "the creation of lobbying groups that appear to be separate from corporate interests, but . . .
It wasn't too long ago that Ohio Valley residents regularly read Murray Energy PR releases posing as news stories on the front pages of our local Ogden “newspapers.” I’m not sure what has changed but I don't see them as often as I once did. In case your day is not complete without Murray Energy news, here are some recent stories . . .
With a picture of Robert Murray and Rick Perry that you weren't supposed to see
Contributions and then policy
From yesterday’s New York Times, an article titled:
Trump Groups Raised Millions, Then Paid It Out to Loyalists and a Trump Hotel
A pair of groups supporting President Trump say they raised $30 million last year, then spent tens of thousands of those . . .
The Intelligencer edits and buries an important energy decision
You’ll need to turn to page 8 of this morning’s Intelligencer to read about an important energy decision that was made yesterday by the Federal Energy Regulatory Commission (FERC). The Intelligencer’s version of the AP report tells us:
An independent energy . . .
Headline at Politico: “Trump coal backer wins big under Perry's power plan”
The top story at Politico at 10 AM gives us the details:
A proposal by Energy Secretary Rick Perry to alter the nation's electricity markets would provide a windfall for a small group of companies — most strikingly one owned by coal magnate Bob Murray, a prominent backer of President Donald Trump.
Perry's plan would . . .
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