Thursday, November 27, 2014

Happy Thanksgiving! and updates about coal companies Thursday November 27, 2014

 Have a Wonderful Thanksgiving!

The First Thanksgiving Jean Louis Gerome Ferris (1863-1930)
Artwork between 1913 to 1915.
1 photomechanical print : halftone, color (postcard made from painting). Postcard published by The Foundation Press, Inc., 1932. Reproduction of oil painting from series: The Pageant of a Nation.
The scene depicted here is a romanticized (idealized) version and not historically accurate. The clothing worn by the Pilgrims is incorrect, the Wampanoag did not wear feathered war bonnets, nor would they have been sitting on the ground.[1]

We can celebrate our heritage
keep our Earth clean and fresh for all.
FOR IMMEDIATE RELEASEWednesday, November 26, 2014
Meg Matthews, 
206.291.5942 /
 Statement online:

Power Past Coal Statement on Ambre Energy Selling off Coal Export Projects

Today Australian-based Ambre Energy announced that it is getting out of the troubled North American coal-export market. Ambre will sell its shares of Oregon and Washington projects to Resource Capital Funds, a Denver-based company known for seeking out 
high-risk volatile investments.

In response, Power Past Coal campaign director Cesia Kearns released the following statement:

"On Thanksgiving eve, we have a lot to be thankful for, and a lot to work towards. Among that thanks is the news about Ambre Energy, which is yet another sign that U.S. coal export proposals are a financial train wreck going nowhere. Resource Capital Funds has gotten the wrong end of the wishbone from this turkey and we suggest they find another industry to back where their investments have any chance of yielding profits, as well as benefiting the health, environment, and longevity of the communities they wish to operate in.

"From the recent carbon pollution agreement between China and the US to the freefalling coal export prices around the world, it's clear that coal exports are a losing proposition. Northwest families have known all along that dirty, dangerous coal is the wrong choice for our region. Communities from British Columbia, the Pacific Northwest, Gulf of Mexico and around the world will  continue to fight coal export companies until we protect our health and safety for good from these shortsighted projects. Resource Capital Funds, Millennium Bulk Logistics, Gateway Pacific and other companies may want to look at 
Ambre's own filing papers before they sink anymore money into these hapless proposals."