Electricity rates could start to rise now that Congress has passed Donald Trump's big spending bill. This disgusting abomination will set in motion a potential economic death spiral. It includes deep cuts to Medicaid and food assistance programs and funnels more money into Trump's mass deportation campaign, among a lot of other things.For weeks, we have all been warning New Yorkers about the devastating impact cuts to Medicaid will have on our communities and our entire health care system. The bill also sla ...

China has finally turned the corner on coal, writes @davidfickling. Energy from wind and solar plants overtook fossil fuel for the first time (via @opinion) https://t.co/lpgYsyeVqy ...

Shares of renewable energy companies tumbled while coal miners surged as the Senate debates the latest version of a spending package that would phase out key tax incentives for wind and solar while aiding fossil fuels. https://t.co/74eLQbStMO ...

TAUNTON, UNITED KINGDOM - FEBRUARY 27: The BP logo is displayed outside a petrol station that also ... More offers electric vehicle recharging in Taunton on February 27, 2025 in Somerset, England. Oil giant BP, announced that it is slashing renewables investment and instead boosting its fossil fuel production. (Photo by Anna Barclay/Getty Images)Getty Images BP plc stock (NYSE: BP) has increased by about 7% year-to-date, slightly surpassing the S&P 500’s 2% increase. Currently trading at around $32 per shar ...

RT 𝙺𝚒𝚖𝚋𝚊𝚕 𝙼𝚞𝚜𝚔 🤠 (@kimbal)For those curious, our current subsidies to fossil fuels are about the same as our subsidies to solar and wind.$10-$15B per year. For both.We need both. We need them now.American Energy Independence FTW!Thank you @grok for your summary: https://t.co/oQZfNXJEkf ...

These massive data centers are the beating heart of the AI boom that's reshaping our world and they're hungry for more electricity. That's one of the reasons that for the first time in a decade, demand for energy in America is spiking. To keep up, we're burning more and more fossil fuel and fast.But there's another path, a clean, safe, virtually limitless source of power. Fusion energy. Fusion is the way the sun works.Only here on Earth, we've actually struggled to be able to do it in a commercializable, co ...

（原标题：非洲：化石燃料仍受补贴--G20可推动资金转向清洁能源） 停止化石燃料补贴并不是一个新想法。国际货币基金组织、联合国环境规划署和国际能源机构以及 民间社会倡导团体一致认为，逐步取消这些补贴至关重要。2009 年，G20承诺逐步取消鼓励浪费性消费 和破坏应对气候变化努力的燃料补贴。但由于政治阻力和化石燃料行业的游说，进展一直缓慢。 其结 果是，G20中的许多国家对可再生能源的投资不足。它们继续大量补贴化石燃料。停止化石燃料补贴不 仅仅是取消财政支持，而是要更好地利用这些资源，将资金转向太阳能、风能和其他可再生技术。 "all Africa"网站4月27日报道，作为二十国集团（G20）的主席国，南非有机会倡导与新兴经济体相 关的问题。其中一个问题就是政府对私有化石燃料公司的补贴。化石燃料补贴是指政府支付化石燃料能 源生产的部分成本。这可以通过增加石油、天然气或煤炭公司的收入，或降低消费者购买化石燃料能源 的价格来实现。化石燃料补贴可能包括税收减免、低息贷款和低价能源，所有这些都会降低公司或消费 者的成本，鼓励更多使用化石燃料。 南非、埃塞俄比亚和摩洛哥等非洲国家都为化石燃料公司提供补贴。这可能意味着举债 ...

Financial Data and Key Metrics Changes - Consolidated operating profit increased over 60% year-over-year, with net income rising by 7% and EBITDA increasing by 14% [5][12] - Operating profit for the first quarter of 2025 was $7,700,000 compared to $4,800,000 in the first quarter of 2024, while net income rose to $4,900,000 from $4,600,000 [12][14] - Adjusted EBITDA increased to $12,800,000 from $11,200,000 in the previous year [12][13] Business Line Data and Key Metrics Changes - The Coal Mining segment saw operating profit rise to $3,800,000 from an operating loss of $400,000 in the prior year, with segment adjusted EBITDA increasing to $5,800,000 from $1,800,000 [14] - North American Mining's operating profit decreased to $2,000,000 from $2,400,000, while segment adjusted EBITDA remained comparable at $4,700,000 [15] - Minerals Management's operating profit was stable at $7,900,000, with adjusted EBITDA increasing to $9,800,000 from $8,900,000 [16] Market Data and Key Metrics Changes - The coal mining segment's improvement was attributed to higher pricing and increased customer demand, particularly at Falkirk and Mississippi Lignite Mining Company [6][7] - North American Mining faced reduced customer demand, impacting operating profit, but is expected to improve in the second half of 2025 [8][17] Company Strategy and Development Direction - The company is optimistic about the regulatory environment for fossil fuels, with recent executive orders supporting coal and fossil fuel development [7][44] - The company is focusing on expanding its portfolio in Minerals Management and anticipates continued profitability in this segment [11][18] - The company is exploring solar initiatives, particularly on reclaimed mine land, to diversify its energy offerings [90][93] Management's Comments on Operating Environment and Future Outlook - Management views 2025 as a pivotal transition year, with expectations for moderate year-over-year increases in consolidated operating profit [12][19] - The company anticipates a return to normal operating levels at Mississippi Lignite Mining Company, although a reduction in sales price is expected to offset some improvements [17] - Management expressed confidence in the long-term growth potential of the mitigation resources business despite its current lumpiness [76] Other Important Information - The company has consolidated cash of approximately $62,000,000 and debt of $96,000,000 as of March 31, 2025 [20] - A significant noncash settlement charge is anticipated upon the termination of the defined benefit pension plan, which will impact net income [19] Q&A Session Summary Question: Can you explain the recurring inventory charges at Mississippi Lignite? - Management explained that inventory impairment is due to high-cost coal from inefficiencies and a lower adjustment in price based on a formula that considers historical indices [25][28] Question: What are the practical implications of a more favorable regulatory environment? - Management noted that the administration is focused on developing U.S. fossil fuel resources, which includes executive orders aimed at supporting coal [43][44] Question: Is there a way to track expansion in the mitigation resources business? - Management acknowledged the lack of a clear metric but confirmed that the business is growing rapidly [78][81] Question: What progress has been made on the solar initiative? - Management indicated ongoing development of solar projects, particularly on reclaimed mine land, while navigating uncertainties around tax credits [90][93]

Financial Data and Key Metrics Changes - Consolidated operating profit increased over 60% year-over-year, with net income rising by 7% and EBITDA increasing by 14% [5][12] - Operating profit for the first quarter of 2025 was $7.7 million, compared to $4.8 million in the first quarter of 2024, while net income rose to $4.9 million from $4.6 million [12][14] - Adjusted EBITDA increased to $12.8 million from $11.2 million in the previous year [12][13] Business Line Data and Key Metrics Changes - The Coal Mining segment saw operating profit rise to $3.8 million and adjusted EBITDA increase to $5.8 million, a significant improvement from an operating loss of $0.4 million and EBITDA of $1.8 million in the prior year [14] - North American Mining's operating profit decreased to $2 million from $2.4 million, while adjusted EBITDA remained comparable at $4.7 million [15] - Minerals Management's operating profit was stable at $7.9 million, with adjusted EBITDA increasing to $9.8 million from $8.9 million [16][19] Market Data and Key Metrics Changes - The coal mining segment is expected to see a modest increase in deliveries in 2025 due to improved customer demand and the absence of temporary price concessions [17] - North American Mining is projected to deliver improved results in 2025, with anticipated performance gains in the second half of the year [18] Company Strategy and Development Direction - The company is optimistic about the regulatory environment for the fossil fuel industry, with recent executive orders from the administration aimed at supporting coal and fossil fuel resources [7][40] - The company is focused on expanding its portfolio in the Minerals Management segment, with a budget of up to $20 million annually for investments [11] - The company is exploring opportunities in solar energy, particularly on reclaimed mine land, to leverage its existing assets [81][85] Management's Comments on Operating Environment and Future Outlook - Management views 2025 as a pivotal transition year, with expectations for moderate year-over-year increases in consolidated operating profit [12][20] - The company anticipates a significant improvement in the second half of 2025 due to trends in oil and natural gas prices [20] - Management expressed confidence in the profitability of the Mitigation Resources segment, which is expected to continue to grow [72] Other Important Information - The company plans to terminate its defined benefit pension plan, which will result in a significant noncash settlement charge but will eliminate future earnings volatility [20] - As of March 31, 2025, the company had consolidated cash of approximately $62 million and debt of $96 million [21] Q&A Session Summary Question: What leads to recurring inventory charges in Mississippi Lignite? - Management explained that inventory impairment is due to high-cost coal from inefficiencies and a lower adjustment in price based on a formula tied to historical indices [26][30] Question: What are the practical implications of a more favorable regulatory environment? - Management noted that the administration is focused on developing U.S. fossil fuel resources, including coal, and has signed executive orders to support this [40][41] Question: Is there seasonality in North American Mining? - Management indicated that there is little seasonality in North American Mining, with operations primarily in Florida [42] Question: What is the status of the asset held for sale? - The asset consists of draglines and a building in North Dakota, which are actively being marketed for sale [63][64] Question: How does the mitigation resources business operate? - Management described the mitigation resources business as lumpy, with periodic credit releases based on the lifecycle of mitigation banks [66][70]

Natural gas produces lower emissions than crude oil and coal while generating an equivalent amount of energy. Hence, the rising demand for cleaner-burning fossil fuels is brightening the outlook for natural gas exploration and production companies. Given the backdrop, is this the ideal time to invest in upstream players like EQT Corporation (EQT) and Antero Resources (AR) ?Natural Gas Price to Remain SolidIn its latest short-term energy outlook, the U.S. Energy Information Administration (“EIA”) forecasted ...