Interior States Take on Coastal States over Climate-Related Project Approvals

By Ben Lieberman – Re-Blogged From Competitive Enterprise Institute

When the state of Washington rejected a proposed new coal export facility in 2017, it probably expected the usual appeals from the project’s developers. But it may not have anticipated a constitutional battle supported by eight interior states under the Commerce Clause.

The proposed Millennium Bulk Terminals coal export facility would be located in Washington state along the Columbia River, and it would have sent Wyoming and Montana coal on its way across the Pacific to buyers in Asia. But under section 401 of the federal Clean Water Act, such projects require approval by impacted states, which Washington denied.

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Wyoming Legislators Want State to De-Risk Investments by Holding Gold and Silver

Re-Blogged From Money Metals Exchange

A group of Wyoming legislators have introduced three bills this week to de-risk the state’s financial holdings with modest allocations to physical gold and silver in the state’s pension fund, reserve fund, and mineral trust fund.

Introduced by Representative Roy Edwards (R-Gillette) and co-sponsored by 15 others, the Wyoming Sound Money Trust Act (HB 174) empowers the State Treasurer to hold at least 10% of the Permanent Wyoming Mineral Trust Fund in the monetary metals in a depository in or near the state of Wyoming.

The Permanent Wyoming Mineral Trust Fund is the state’s oldest and most well-funded permanent fund with over $8 billion in assets.

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Dangerous Volcanoes

By Larry Kummer – From the Fabius Maximus website

Summary: While we obsess about climate change and debate if we live in the Anthropocene, we prepare poorly or not at all for natural forces like volcanoes that can level cities. This is folly we can no longer afford. Experts recommend a simple first step to better protect ourselves. Let’s start listening, or nature will teach us an expensive lesson.

“We don’t even plan for the past.”
Steven Mosher (of Berkeley Earth), a comment posted at Climate Etc.

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Resurgence of the American Coal Industry

By David Middleton – Re-Blogged From http://www.WattsUpWithThat.com

America’s Biggest Coal Miner Is Joining the Comeback Under Trump

by Tim Loh
April 3, 2017, 4:28 PM CDT April 4, 2017, 1:14 PM CDT

  • Peabody is following rival Arch Coal out of bankruptcy
  • The coal miner has for decades served as industry’s bellwether

Peabody Energy Corp., America’s largest coal miner, is back.

After almost a year in bankruptcy, the St. Louis-based giant began trading again on the New York Stock Exchange on Tuesday. Its return to Wall Street comes as the entire U.S. coal sector is staging a comeback amid growing interest from investors.

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