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economy


Looking Ahead: It’s Time to Plan for and Build a Robust, Sustainable U.S.-led Recovery

While scientists and health professionals huddle with public officials to determine the best course forward to combat COVID-19 and relax social distancing, more of our leaders must address the need…


Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various…


Financially Flailing Eskom Scrambles to Complete Defect-Ridden Coal Plants

South Africa's state-owned utility Eskom was forced to slash 2,000 MW on a rotational basis nationwide on Oct. 16 and Oct. 17. The newest round of power cuts—the first in…


Germany Announces $44.4 Billion Plan to Lessen Impact of Coal Plant Closures

German officials on Aug. 28 approved a plan to spend as much as €40 billion ($44.4 billion) over the next 20 years on projects designed to lessen the impact of…


Coal Rebound Is Vital to Local Economies
Gallatin-coal-power-plant

In President Trump’s State of the Union address, he said, “We have ended the war on American energy, and we have ended the war on beautiful, clean coal.” It’s safe…