Month: December 2020

Alpha Cancels Auctions for Wyoming Mines During Contentious Bankruptcy Process

first_img FacebookTwitterLinkedInEmailPrint分享Benjamin Storrow in the Casper Star Tribune:A Virginia environmentalist seeking to buy Alpha Natural Resources out of bankruptcy would not close the company’s Wyoming mines.Instead, the Belle Ayr and Eagle Butte mines would be operated to generate income for reclamation of Alpha’s eastern operations, according to a person familiar with the thinking of Tom Clarke, CEO of the Virginia Conservation Legacy Fund.That statement came as jostling in court continued over Alpha’s restructuring plan.The Bristol, Virgina-based miner canceled an auction scheduled for Monday, saying it had only received one qualified offer for its core assets. That bid belonged to the company’s senior lenders, who submitted a $500 million offer in March.An auction of the company’s natural gas assets in the Marcellus shale play did proceed, but the outcome was not announced. Alpha previously agreed on a minimum bid of $200 million with Rice Energy.Clarke, through a subsidiary of his non-profit, the Virginia Legacy Conservation Fund, tendered a roughly $3 billion bid for Alpha’s assets, a figure which includes the assumption of the company’s reclamation liability. The Virginia environmentalist will not object to Alpha’s decision to cancel the auction, according to a source who spoke on the condition anonymity because bids are confidential.Instead, Clarke is betting concerns raised by the U.S. Trustee and West Virginia regulators will prompt the federal bankruptcy court to reject Alpha’s restructuring plans, the person said, making his offer more palatable to the company’s creditors.State and federal regulators have argued the company is effectively seeking to jettison its reclamation obligations in Appalachia by selling its core-assets to senior lenders and creating a second restructured company responsible for cleanup of its marginal mines.“That restructuring plan would divest ‘reorganized Alpha’ of its most valuable and most profitable assets, while leaving it saddled with its largest, and most intractable, liabilities,” West Virginia regulators wrote in an objection to the company’s plans. They estimated Alpha’s cleanup costs in excess of $1 billion.Full article: Alpha Cancels Auctions for Wyoming Mines During Contentious Bankruptcy Processlast_img read more

Orsted reaffirms offshore wind investment plans for Taiwan, Japan

first_imgOrsted reaffirms offshore wind investment plans for Taiwan, Japan FacebookTwitterLinkedInEmailPrint分享Bloomberg:The world’s biggest developer of offshore wind farms is weighing nearly $13 billion worth of projects in Taiwan, saying that so far the coronavirus outbreak hasn’t shifted its optimism about the region.The potential investments by Orsted A/S would include the Greater Changhua 3 wind farm, which it plans to bid for in the next round of auctions if the conditions are “manageable,” Matthias Bausenwein, the president for Asia Pacific of the Danish utility, said in a phone interview. The auction is due to take place at the end of this year, and the company will wait to see the framework and rules for the contest before deciding whether to participate.Orsted has already built and commissioned Formosa 1, the first commercial-scale offshore wind farm in Taiwan, with joint venture partners. It’s also building the Greater Changhua 1 & 2a wind farms, which are estimated to be completed in 2021 or 2022. Another plan is to build the Greater Changhua 2b & 4 wind farms in 2025.Total capital expenditure for all four projects with a capacity of 2.4 gigawatts are estimated to be up to NT$380 billion ($12.5 billion).Orsted said on Wednesday it’s sticking to its 2020 guidance despite the coronavirus and that its liquidity position is strong.In addition to Taiwan, Japan is the next big step for Orsted in the Asia-Pacific region. The company recently formed a joint venture with Tokyo Electric Power Co. to prepare a bid for an auction at end-2020. Japan and Taiwan both are mountainous and rely heavily on fossil fuels imports, with highly populated coastal areas which makes offshore wind an ideal renewable energy source.[Cindy Wang]More: Unfazed by virus, Orsted weighs almost $13 billion in Taiwanlast_img read more

Men of a Certain Age

first_imgSomething strange happened to me recently. I got old. It didn’t happen slowly and progressively like I thought it would. It happened practically overnight. Several months ago, I ran my first 50K and felt great doing it. I was without a doubt, in the best shape of my adult life. But a month ago, I hurt myself on a 10-mile run (at such a casual pace, I even stopped for breakfast). Getting hurt is typically no big deal. It happens with such frequency, it’s practically part of my training regimen. But what worries me is that I still haven’t recovered. I can’t even jog to the coffee shop without wincing. This is a sure sign that, without even realizing it, I’ve gotten old.  There’s a hash run this weekend that all my friends are participating in. When they ask me if I’m going to run it, this is what I have to tell them: “I can’t run right now. I’ve got a bad hip.”Seriously. A bad hip. That’s the excuse grandfathers give their grandchildren. “Granddaddy can’t wrestle on the floor, Timmy, because Granddaddy has a bad hip.”Not only has this last month been lame because I can’t run, but I’m worried I might never be able to really run again. What if my hip never heals? What if I need a hip replacement? Should I go ahead and buy a white track suit and start playing Bocce?My only solace is that my friends are getting old too. My climbing partner may not meet me at the gym today because his “back is out.” The guy that really got me hooked on mountain biking can’t do much of anything right now because his planter fasciitis is flaring up. One dude starts icing his knees at the trailhead directly after a run. He doesn’t even crack a beer first. Last year, we were all in our prime. This year, we’re looking into “low impact sports” like water aerobics and trying to start a shuffleboard league.The lesson here? To quote poet Robert Herrick: “Gather ye rosebuds while ye may.”Jesus, I’m quoting 17th century poetry. I really am getting old.last_img read more

Bike Love Buzz

first_imgMy weekend of yoga teacher training, combined with an impromptu flooding of the house, narrowed my riding this past weekend down to jaunts on my town bike.The Saturday morning commute up over Beaucatcher Mountain was a great way to start my day. The low morning sun was burning off the mountain mist as I climbed up. Once at the top I swallowed the air in great gulps , grabbing a bigger ring for the descent down to College Street. Maybe it was better that I wasn’t trapping myself at the house with the ceilings drooping down, soaked insulation laying around, fretting over wet walls and tools.The water pressure valve on the house broke, giving me 150 PSI, rather than 75. I enjoyed great showers and filling my glass up in two seconds for a couple of weeks. By then the pressure built so high that the hot water heater began spraying out, filling the space between the floor and the ceiling below. My 81-year-old father helped me tear down the ceilings and haul trash to the dump as the plumber got me through my emergency.Now, speeding through the curves made me smile, and in town the sun was shining bright. I was blessed with non-existent traffic and was almost to school when my water bottle flew out of my bag. My hot coffee cup was still neatly packed without a drop, which made me smile again.Meditation and restorative yoga may have made me emotionally crazy at first, but I think it was the best thing that I could do for my spirit. It calmed me down, forced me to breathe, and by lunch I was psyched to be back on my bike for a bit – even though the lock snapped back into my face as I opened it. I cruised through the art show, watched tourists bumble around lost and trying to look like hippies in their tie-dye t-shirts and squeaky white tennis shoes. I had lunch with friends I haven’t seen lately, kissed a cute boy, and ate a candy bar as I weaved my way back to school.I stayed on my bike until 1:30 a.m., stopping for breaks to eat a bean torta with a pale ale at the LAB, open-air comedy on Wall Street, and beers and dancing at the Jack of the Wood with girlfriends. It was that high-gravity beer that caused me to believe I could Parkour in my cowgirl boots up the stone wall to the street above. I was just one reach away from the rail when the pipe I was hanging on began to sway, causing me to lose a foothold and slide back down, scraping my arms up on the way. Sooo we went around the block.It was this ride back up Beaucatcher Mountain on evil and steep Hazzard Street that the throbbing in my bleeding arms was so great I conjured up an oasis. One block into the steep grade I heard voices from a nearby porch offering me bourbon.Three of us girls looked a little tired at class the next morning, all of us with a slight odor, mine touched with a twinge of blood and sweat.I love my bike.last_img read more

First Turns in Tucker County Giveaway

first_imgEnter our First Turns in Tucker County Giveaway to win one of two Grand Prize packages!Two winners will be chosen for the Tucker County and Canaan Valley Resort grand prize package.Each grand prize winner receives:Two-night stay for two at Canaan Valley ResortSki/Snowboard rentals for two from Ski BarnTubing session for two at Canaan Valley ResortTwo-day Ski the Valley Lift Tickets for twoThis giveaway is now closed! Thanks to all who entered and good luck!DON’T FORGET TO ENTER ALL OUR OTHER GREAT GIVEAWAYS! Rules and Regulations: Package must be redeemed within 1 year of winning date. Entries must be received by mail or through the contest sign-up page by 12:00 noon EST on December 15th, 2013. One entry per person. One winner per household.  Sweepstakes open only to legal residents of the 48 contiguous United  States and the District of Columbia, who are 18 years of age or older.  Void wherever prohibited by law. Families and employees of Blue Ridge Outdoors Magazine and participating sponsors are not eligible. No liability is assumed for lost, late, incomplete, inaccurate, non-delivered or misdirected mail, or misdirected e-mail, garbled,  mis-transcribed, faulty or incomplete telephone transmissions, for technical hardware or software failures of any kind, lost or unavailable  network connection, or failed, incomplete or delayed computer  transmission or any human error which may occur in the receipt of  processing of the entries in this Sweepstakes. By entering the  sweepstakes, entrants agree that Blue Ridge Outdoors Magazine, Tucker County Tourism, Canaan Valley Resort, and Ski Barn reserve the right to contact entrants multiple times with special information  and offers. Blue Ridge Outdoors Magazine reserves the right, at their  sole discretion, to disqualify any individual who tampers with the entry  process and to cancel, terminate, modify or suspend the Sweepstakes.  Winners agree that Blue Ridge Outdoors Magazine and participating  sponsors, their subsidiaries, affiliates, agents and promotion agencies  shall not be liable for injuries or losses of any kind resulting from  acceptance of or use of prizes. No substitutions or redemption of cash,  or transfer of prize permitted. Any taxes associated with winning any of  the prizes detailed below will be paid by the winner. Winners agree to  allow sponsors to use their name and pictures for purposes of promotion. Sponsors reserve the right to substitute a prize of equal or greater  value. All Federal, State and local laws and regulations apply.  Selection of winner will be chosen at random at the Blue Ridge Outdoors  office on or before December 30th, 6:00 PM EST 2013. Winners will be contacted by  the information they provided in the contest sign-up field and have 7  days to claim their prize before another winner will be picked. Odds of  winning will be determined by the total number of eligible entries received.last_img read more

When the Red Bull Dreamline Comes to Town Anything is Possible

first_imgThe Brevard, N.C., area and southeast cycling community was privy to a very cool event this past weekend: Red Bull Dreamline came to town.This collaboration between Oskar Blues REEB ranch, the juggernaut energy drink company, and 32 of the world’s best BMX riders produced a truly incredible show.Dreamline1The recently created REEB ranch was a perfect venue for this event.  Flanking DuPont State Forest, this property was graced by the brightest minds in dirt trail building, and the result really is something out of a daydream… some of the biggest jumps ever hit or witnessed in BMX riding.  Pro rider and event conceiver Anthony Napolitan and expert builder Adam Aloise truly outdid themselves with this one.Arriving on-site just in time to see practice start before the 12 athlete Finals, it’s quite obvious that the 3,000 ticket holders are in for something special. Rider after rider charge the jumps, flying 20-plus feet higher than the lips, performing trick after trick.  One impressive run showcases riders doing backflip after backflip, with up to three athletes in the air at once!As the wind picks up, the early leaves of autumn fall around us, and the moody weather gives the riders a sense of urgency.  There are few more beautiful places in the world than NC this time of year.  The event kicks off, and the taps flow generously.  After about 30 minutes of riders cycling through their initial runs, the rain hits, and the event is temporarily put on hold.In spite of the weather, the majority of the crowd hunkers down, steadfast and determined.  The clouds clear after about two hours, and what happens next is simply a gift to everyone present.  The sky opens, and it turns into the most spectacular fall afternoon imaginable.  The roar of the crowd grows, and the competitors bring the heat!Some incredible tricks start going down…triple tail whips, flip whips, cork 720s, supermans, front flips, and everything in between.  The riders are putting on a clinic, and the crowd is absolutely loving it.  It’s a really special thing to see the NC trail riding community join and celebrate the BMX and freestyle aspect of the sport.  It just goes to show that in spite of the different styles of cycling, we all have the same passion.As the riders throw down, the NBC cameras, octocopter drone, and cable cams zip around and catch all of the action.  It’s an amazing demonstration of athleticism.Dreamline2In the end, 35-year-old veteran Ryan Nyquist takes the Dreamline crown, with James Foster in 2nd, and Aussie Kyle Baldock in 3rd.  Spectators filter out of the event pumped by the positive energy, cool vibe, and most importantly — the desire to go and jump on their bikes!Tune in to NBC on November 8 at 5:00 p.m. EST for the full-length broadcast of Red Bull Dreamline, and check out the Red Bull Highlights Video here.–Chris Gragtmans, based in Asheville, N.C., is a Contributing Editor to Blue Ridge Outdoors magazine and an internationally-ranked professional kayaker. Other ventures include the annual Live Your Dreams Speaking Tour, and serving as Pro Team Manager for Dagger Kayaks. In his free time, Chris likes to mountain bike, ski, shoot drone photography and hang out with his girlfriend and faithful hound.last_img read more

Early Season Snow Brings Hopes of a White Winter

first_imgWinter arrived a little early for some lucky folks in parts of the Blue Ridge Mountains, including some BRO readers in North Carolina and West Virginia who documented their snowy adventures via Instagram.Photos from North Carolina, most taken over the weekend, show a light blanketing juxtaposed against the vibrant colors of peak fall foliage, while White Grass in West Virginia appears to have received a healthy enough dose to open its slopes to cross country skiers.It won’t be long now until ski resorts all over the Southeast begin blowing snow and welcoming skiers and snowboarders of all stripes. Until then, enjoy these pics of early season snow from West Virginia and North Carolina.last_img read more

Quick Hits: International day of Youth Climate Strikes + Free Guided Hikes in TN

first_imgThis Friday, thousands of young climate activists across the globe will skip school and take to the streets in the Youth Climate Strike event. The teens hope to draw attention to the severity of the climate crisis and convince lawmakers to take action on climate change. Tennessee State Parks will offer free guided hikes in late March Students in at least 71 countries will participate in the strike, making up what could be one of the biggest environmental protests in history. The strikes began last year when Greta Thunberg of Sweden, 15, skipped class to sit outside of the Swedish Parliament to draw attention to climate change after Sweden experienced their hottest summer on record. In the United States, strikes are planned in more than 100 cities. March 15 is the International Day of Youth Climate Strikescenter_img On Saturday, March 23, park rangers will offer free guided spring hikes in all of Tennessee’s 56 state parks. There will be hikes offered to fit every fitness level, from short hikes to longer trails that traverse tougher terrain. The annual spring hiking event is organized to encourage visitors to explore the parks and to meet other people who also enjoy the outdoors. Hikers are encouraged to prepare for any kind of weather, wear good footwear, and bring along some snacks and water. For a full list of guided hikes in the state, click here.last_img read more

The Cactus Blossoms at The Southern Cafe & Music Hall . . . Ticket Giveaway!

first_imgWoe to the unfortunate ear that is turned to a modern country radio station. By submitting your answer, you are not being added to any mailing list. Your information is kept private and never shared with anyone. My disdain for modern country has long been documented on this blog. For fans of old school twang and the rough and rowdy ways of Willie, Waylon, and so many others, what’s being passed as country music these days is damned near sinful. Critics have lauded the band’s work, with their new record, Easy Way, signaling a departure from their vintage country sounds and drawing easy comparisons to the iconic Everly Brothers As I noted not long ago on this very blog, The Cactus Blossoms harken back to the glory years of the Grand Ol’ Opry and what old school music is supposed to sound like. Good luck! At the top of that list is The Cactus Blossoms. Rooted in the songwriting and harmonies of brothers Jack Torrey and Page Burkum, The Cactus Blossoms find inspiration in the deepest roots of vintage country music, more akin to Hank Williams than Lil Nas X. On Thursday, The Cactus Blossoms will be stopping by The Southern Cafe & Music Hall in Charlottesville. Trail Mix would like to give you and a friend the chance to take in the show. Take a shot at the trivia question below. A winner will be chosen from all of the correct responses received by 5:00 P.M. on Wednesday. But all is not lost. All you have to do is empty the red solo cups and ride your horse a little bit farther down that old town road to find a myriad of country artists out there doing it right. Question . . . . Which member of The Black Keys has a couple co-write credits on The Cactus Blossoms’ new record?last_img read more

Operation Martillo improves security in Latin America

Cooperation between the Naval and Coast Guard fleets of the partner nation participating in Operation Martillo has led to several large drug seizures: • In September 2013, a British Naval support ship, the “Wave Night,” intercepted a fishing boat in the Caribbean Sea. Officers with the U.S. Coast Guard who were aboard the Wave Night helped search the fishing vessel. The officers found and confiscated 55 packages of marijuana, worth an estimated $5 million (USD). • Between April 14 and July 12, 2013, Guatemalan and Honduran security forces seized more than 2,340 kilograms of drugs along the coasts of the two countries. During that time, authorities in the two countries incinerated another 3,000 kilograms of drugs that were seized during Operacion Martillo, according to Guatemala’s Defense Ministry. The multinational effort to combat drug trafficking in Latin America, which is known as “Operation Martillo,” is improving security in the region, a security analyst said. Operation Martillo is joint effort to target drug trafficking along the Caribbean coastlines of Guatemala and Honduras, as well as drug trafficking routes in Pacific Ocean waters. The initiative, which was launched Jan. 15, 2012, includes all seven Central American nations and U.S. Southern Command (U.S. SOUTHCOM). Colombia, Mexico, Canada, as well as The Netherlands, the United Kingdom, and France are also active participants in the effort. Security forces and law enforcement agencies participating in Operation Martillo have confiscated more than 222 metric tons of cocaine, seized $10.7 million (USD), and arrested 551 drug trafficking suspects since the initiative was launched in January 2012, authorities said. The importance of international cooperation Developing intelligence on drug shipments and intercepting them is a team effort which requires international cooperation, according to military officials participating in Operation Martillo. For example, Latin American security forces are providing intelligence to their partners in the U.S. Navy, who are helping to intercept drug shipments. The USS Thach, a U.S. Navy frigate, began participating in Operation Martillo in March 2013, patrolling in the Pacific Ocean. By the time it had returned to U.S. waters in April 2013, the USS Thach, in cooperation with Latin American security forces, had seized 379 kilograms of cocaine and more than 1,000 pounds of marijuana. The drugs were worth more than $10 million (USD). Ecuador and Colombia cooperate against drug trafficking Operation Martillo is not the only cooperative initiative against organized crime in Latin America. On Nov. 25, 2013, Ecuadorian President Rafael Correa and Colombian President Juan Manuel Santos and the foreign ministers of both countries met to discuss security issues shared by the two countries. The leaders met in the border region which divides the two countries, in the Colombian city of Ipiales. Correa and Santos signed an agreement to strengthen ties between Ecuador and Colombia in the fight against drug cartels and other organized crime groups. “Where we have met most of our objectives is in security. We have to give transnational crime a collective response between the two countries,” Correa said during the meeting with Colombian officials. International cooperation, such as the sharing of information by the security services of the countries participating in Operation Martillo, led to the drug seizures and captures, a security analyst said. “These results by Operation Martillo are possible because Central American countries and South American countries like Colombia have contributed intelligence work to catch these shipments,” explained Alfredo Perez, a security analyst at Central Cientítica affairs division of the National Safety Commission in Mexico. Naval and Coast Guard forces from various countries participating in Operation Martillo are cooperating effectively to identify and capture drug shipments and organized crime operatives, Perez said. “Various analysts can agree or disagree with these schemes,” Perez said. “But to combat organized crime countries recognize that it is more efficient to do it under a scheme of cooperation.” By intercepting large drug shipments and capturing more than 500 suspects, Operation Martillo has proven successful, said Yadira Gálvez, a security analyst at the National Autonomous University of Mexico (UNAM).. Battling the FARC and Los Rastrojos The two countries share a border that is 730 kilometers long. The FARC and other organized crime groups, as well as common criminals, are active in the border region. Organized crime operatives and common criminals smuggle drugs and weapons, engage in human trafficking, and commit other crimes in the border region. Even before the signing of the security treaty, Ecuador and Colombia have been cooperating closely on security in recent years. Missions at sea The importance of teamwork By Dialogo December 12, 2013 Cooperation leads to the capture of “Palustre” In August 2013, Ecuadorean security forces captured Jorge Dominguez, an alleged gang leader who is wanted in Colombia. He is known as “Palustre” and is suspected of being the leader of Los Rastrojos, a violent Colombian drug trafficking organization. Los Rastrojos trafficks cocaine, marijuana, and heroin, and engages in illegal gold mining. Palustre was later deported to Colombia, according to Jose Serrano, Ecuador’s Interior Minister. read more