In the news today…
Energy:
- Washington Post, Reuters and KFGO report energy lobbyists are gearing up to work with a Biden administration.
Coal:
- Arizona Republic reports Arizona Public Service is proposing to offer $144 million in help to three coal-country and tribal communities where the company eventually will close its remaining coal-burning power plants.
- WTMA reports President-Elect Biden’s victory could spell the end of coal.
- The Wall Street Journal reports Peabody Energy Corp. warned it faces fresh challenges under a loan agreement as it grapples with lower demand in the market for coal used in power plants and a recent setback in court.
Minerals:
- CTV News reports there’s opportunity for Canada to help supply the world’s growing need for “energy transition metals” used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China, observers say.