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Archive for the 'Funding new coal' Category

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It was revealed last month that the Scottish Resources Group encompassing Scottish Coal, the UK’s largest open cast mining company, the Castlebridge Plant, Europe’s biggest earth-moving fleet and SRG Estates, one of Scotland’s largest land owners, have signed a new deal with Lloyds TSB to the tune of £47.5 million, replacing their existing £23 million […]

With a take-over bid for the UK’s largest coal mining company, the finance behind soon-to-be applied for Hunterston coal-fired power station and control of Scotland’s coal ports, Peel is consolidating its position as a major financier of new coal. guidelines

Communities Opposed to New Coal at Hunterston (CONCH) are resisting plans by Peel Energy to build a new 1.6GW coal-fired power station at Hunterston in North Ayrshire – see http://www.conchcampaign.org/. Here’s their latest campaign update: about

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Just days after the announcement that E.ON has shelved its plans for a new power station at Kingsnorth, Dong Energy, Denmark’s national energy company, has pulled out of its joint venture with Peel Energy Ayrshire Power Limited, of which it owned 50%. handbook

The Mail on Sunday has revealed that Jim Hood, Labor MP for Lanark and Hamilton East, got £625 from Scottish Coal last month for doing nothing – as a “retainer”, just to keep him sweet. But he wasn’t entirely doing nothing for them, surely. All the retainers must influence the decisions he helps make in […]

Lord Home, at the centre of the fight over Mainshill Wood in South Lanarkshire, is also at the centre of a massive fraud investigation by the FBI and UK authorities. This doesn’t come as a surprise to Douglas residents and occupiers at Mainshill Solidarity Camp – he has misled and lied to communities all over […]

It would seem that the only person with the power to stop the steady approach of Scottish Coal’s excavators, earth movers and dumper trucks from getting to Mainshill Wood in South Lanarkshire is David Alexander Cospatrick Douglas-Home, 15th Earl of Home, CVO, CBE, a Scottish peer and the only son of former Conservative Prime Minister […]

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As we expected, the ‘next generation’ of ‘clean coal’ power plants have been given the go ahead by Energy and Climate Change Secretary Ed Miliband and the Westminster government. Up to four new plants will be given permission, on the condition that they are equipped for carbon capture and storage. Milliband has once again demonstrated […]

RBS: Yet more investment in coal

The Royal Bank of Scotland (RBS) corporate banking team in Newcastle has provided the funding for the take over of Coal4Enery by Hargreaves Services of County Durham which already owned 50% of the company. Hargreaves Services paid £9m to buy the other half from UK Coal.


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»Tell the Scottish Government: Opencast moratorium and public inquiry now!
02/17/2014«
»“Deficient” and “Defective”: East Ayrshire Council going down with their ship
02/03/2014«
»The Caudlhall Decision: What next? What happened?
11/28/2013«
»Shame on you Midlothian Council: Cauldhall decision shows lessons haven’t been learned
11/19/2013«
»No opencast in Midlothian! Support campaign to stop massive new mine
11/16/2013«
»“No different to Scottish Coal” say campaigners as Hargreaves bosses pocket £8.75 million
10/27/2013«
»Opencast Mine Clean-up Cost Estimates Double: “Government must act” says community group
09/14/2013«
»¡No Pasaran! Stop the forced eviction of villagers to make way for British-owned mine!
08/27/2013«
»Open letter calls for coal mine moratorium and public inquiry as Energy Minister refuses to meet impacted communities
06/24/2013«
»The restoration bombshell has finally been dropped
05/24/2013«

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