In the news today…
Environment:
- Bloomberg Environment reports the Justice Department may further restrict the use of supplemental environmental projects (SEPs) which allow businesses to conduct environmental projects to lower transgression fees.
Mining Law:
- The Hill reports Democrats are preparing to counter White House efforts to allow mining near the Grand Canyon.
- The Arizona Daily Star posted a letter to the editor in response to an article on Rep. Grijalva’s mining reform bill, claiming the Representative is uninformed about mining law.
- Mining.com reports Hudbay Minerals will appeal the court ruling that barred the miner from building a major copper mine in Arizona.
Coal:
- E&E Greenwire reports Robert Murray will step down as CEO and president in the wake of his company’s filing for bankruptcy.
- Argus reports Peabody Energy lowered its U.S. thermal outlook amid weak electricity demand and decisions to close some Illinois basin properties.
- Argus reports U.S. thermal coal prices were unchanged while natural gas prices rose.
- E&E Daily reports the Murray Energy bankruptcy sparked alarm concerning the miners pension fund.
Minerals:
- E&E Energywire reports lithium could be California’s next ‘gold rush’, given the demand for lithium in electric vehicles.
FERC:
- Utility Dive reports 11 attorneys general urge FERC to respect state energy rights, which allow states to shape their own resource mixes.