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White House announces green energy initiatives on coal

White House announces green energy initiatives on coal

The White House said Tuesday it will allocate hundreds of millions of dollars to help coal communities, including $450 million for clean energy projects in current and former mining areas. The Department of Energy will also provide $16 million to the University of...
Teck Resources rejects Glencore’s $22.5bn offer

Teck Resources rejects Glencore’s $22.5bn offer

Teck Resources on Monday rejected a $22.5 billion offer from Glencore Plc, citing its reluctance to expose its shareholders to the thermal coal, oil, LNG and related sectors. Glencore's offer for all shares represents a 20% premium over Teck's closing share price on...
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