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Coal companies take advantage of small business loan program


COAL: The federal government gave over $ 31 million in small business relief loans to listed coal companies. (Bloomberg)

• Creditors complaint alleges two Murray Energy executives fraudulently used ailing coal company like their own personal “piggy bank”. (Global S&P)
• Murray Energy went bankrupt with about $ 300 million in cash and in two months burned around $ 180 million. (WVPB)

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EMISSIONS: Two states and New York City will argue in federal appeals court that the EPA fails to treat a pollutant that drifts onto them from upstream power plants and other sources. (Bloomberg)

CONGRESS: More than 40 legislators back to legislation to ban fossil fuel companies from receiving federal aid related to the coronavirus. (The hill)

Dominion Energy’s opposition to 100% clean energy resolution for a village in Ohio emerges part of a larger trend gas utilities are becoming more active at the local government level. (Energy Information Network)
A Minneapolis entrepreneur is to advance with plans for a renewable energy employment training center and hopes to start some courses this summer. (Finance and trade)

UTILITIES: By a wide margin, voters in Pueblo, Colorado reject a proposal to leave Black Hills Energy and form a municipal utility. (KRDO)

• Updated guidance from California regulators recognizes that distributed power can help eliminate the need for some transmission projects. (Utility dive)
• Data shows that the pandemic has had less effect on year-over-year growth in residential solar power than expected. (PV Magazine)
• A startup from New England associates community solar projects with farmers who need income from their unused land. (The climb)

STORAGE: California regulators think battery storage will be integral the state’s goal of achieving zero carbon electricity by 2045. (Utility dive)

WIND: Wind turbine maker Siemens Gamesa warns investors of project delays and supply chain disruptions will continue to hurt profits this year. (Reuters)

Defenders worried about the pandemic irreparable financial damage to public transport systems and force more people to trust private cars. (E&E News, subscription)
You’re here postpone the first delivery of its semi-trailer until 2021, citing battery supply constraints that could have slowed production. (Diving Transport)
Idaho man plans to cross the country in a truck he built to ride entirely solar powered. (KIVI)

The coronavirus pandemic threatens the push for denser and more transit-oriented development as the world becomes uncomfortable about shared space. (New York Times)
The buildings represent a major source of load flexibility through energy efficiency and demand response, according to a report. (Utility dive)

GRID: The Ministry of Commerce is taking into account the additional tariffs on steel components used in electrical transformers and equipment used in all types of power generation. (Greentech Media)

• Dominion Energy says Atlantic Coast pipeline will cost $ 8 billion and be completed by 2022, pending several court cases. (Reuters)
• The pipeline company MPLX declares that it is no longer continues a pipeline from the Permian Basin to the Gulf of Mexico coast due to falling oil prices. (Reuters)

Oil companies are preparing to drastically reduce production in the Permian Basin due to massive losses amid the coronavirus crisis. (Washington Post)
Berkshire Hathaway CEO Warren Buffet regrets his 10 billion dollars of investment in an oil company last year and plans to invest more in wind and solar. (E&E News, subscription)
• The coronavirus pandemic could lead to massive abandonment of oil and gas wells in the Appalachians, Louisiana and elsewhere. (E&E News, subscription)

• Climate activists can organize more public debates and create more political analysis as the coronavirus prevents mass pipeline protests, the leader of an indigenous rights group said. (Grist)
• The Sierra Club says states should leave organized energy markets whether their decisions and recent orders from federal regulators undermine efforts to encourage clean resources and hurt consumers. (Utility dive)