$1.60 Idiot! LOL! Was down to $1.40
$34M market cap...
$67M market cap for little neighborhood solar installer SLTD! LOL!
The sun is FREE!
She is crying that here company is going to or in BK.
COAL IS DEAD!!!!!
Coal whiners are down 99%.
Light/heat your home for free. Run your car for free.
Power going to near zero.........
HARLOTTE, N.C., Aug. 3, 2015 /PRNewswire/ -- Duke Energy President and CEO Lynn Good today issued the following statement regarding finalization of the Clean Power Plan (CPP), a major new federal regulation which sets carbon dioxide emission limits for existing power plants in each state. The plan requires that states develop individual compliance plans to meet the new goals.
"This ambitious plan seeks to build on the substantial progress Duke Energy and other utilities have made to reduce our environmental footprint. Even without federal regulations, our company has reduced carbon dioxide emissions from our power plants by 22 percent since 2005.
"As we continue to move to a lower carbon future, we will also continue to work constructively with states to identify customer solutions that preserve the reliability and affordability that our communities expect. As we continue to modernize our system, energy diversity will be important – nuclear, natural gas, state-of-the-art coal, hydro, renewables, energy efficiency and energy storage."
In addition to Duke Energy's carbon dioxide reductions of 22 percent since 2005, sulfur dioxide and nitrogen oxides are down 86 and 65 percent, respectively.
The company retired 40 older coal units across the Carolinas and the Midwest since 2011, replacing those plants with state-of-the-art, highly efficient coal and natural gas facilities, investing more than $9 billion to lower emissions.
Since 1999, Duke Energy invested more than $7 billion in environmental control equipment on its remaining coal units.
In addition, the company is working to extend the use of nuclear plants, which provide zero-carbon energy.
As of the end of 2014, the company owned or had under contract more than 3,000 MW of wind, solar and biomass.
Duke Energy is the largest electric power holding company in the United States. Its regulated utility operations serve approximately 7.3 million electric customers located in six states i
Now it's going to be renewables...........
Eventually the power systems will be so saturated, solar will be falling too...... But ahead of time I will realize it.
No their are building systems. Once the systems are operational little work needed.
Coal companies are beyond hope. It's the people and communities that need help. HELP, they have to do their part too. If you fight your helpers, you are going to sink...
NEW YORK ( TheStreet) -- President Barack Obama announced new limits on just how much carbon dioxide power plants can release into the air, sending shares of coal stocks lower.
"Human activities are changing the climate in dangerous ways," Obama said Monday. "Levels of carbon dioxide, which heats up our atmosphere, are higher than they've been in 800,000 years. 2014 was the planet's warmest year on record."
The plan aims to cut 2005 carbon levels by 32% over the next 15 years.
"We'll be keeping 870 million tons of carbon dioxide pollution out of our atmosphere," Obama added.
But not everyone is fond of the new proposals. The plan could raise costs for coal companies and shut down hundreds of coal-powered plants, which tend to emit more carbon than other fossil fuels like natural gas.
Stocks like Peabody Energy (BTU - Get Report) and Arch Coal (ACI - Get Report) entered negative territory on Monday.
"This is just a continuation of the war on coal that has been going on for a long time," said TheStreet's Jim Cramer, referring to the new plan to cut carbon emissions. "What's important to recognize is, coal is going away," Cramer added. "And it's being replaced by natural gas. But this is the death of coal, it's just the fifth death of coal."
Analysts at Cowen and Company downgraded shares of Arch Coal to market perform from outperform, with a 25-cent price target. Shares traded at 18 cents a share on Monday.
While Cramer advises against investing in coal stocks, he says power plants aren't in trouble by the new measures to cut emissions. He says power plant American Electric Power (AEP - Get Report) is in particularly good shape, which traded slightly higher following Obama's remarks.
Cheap and getting cheaper! You go bankrupt, we make money! LOL!
COAL IS DEAD!
Contract Last Change Open High Low Previous Volume Time Links
QLU15 (Sep '15) 42.88 unch 0.00 42.88 42.88 42.88 0 15:48
QLV15 (Oct '15) 42.75 +0.12 0.00 42.75 42.75 42.63 0 15:48
QLX15 (Nov '15) 42.75 +0.12 0.00 42.75 42.75 42.63 0 15:48
Natural Gas NGU15 (Sep '15) 2.752s +0.036 2.725 2.785 2.707 08/03/15
Natural Gas NGV15 (Oct '15) 2.781s +0.032 2.760 2.816 2.740 08/03/15
Natural Gas NGX15 (Nov '15) 2.888 +0.020 2.879 2.930 2.856 15:39
Western Rail Powder River Basin (PRB) Coal Swap Futures Futures PricesMon, Aug 3rd, 2015
JQPU15 (Sep '15) 10.36 +0.02 0.00 10.36 10.36 10.34 0 15:48
JQPV15 (Oct '15) 10.26 -0.01 0.00 10.26 10.26 10.27 0 15:48
JQPX15 (Nov '15) 10.26 -0.01 0.00 10.26 10.26 10.27 0 15:48