From Penn Energy: judge sides with developer of Washington coal terminal.
The $680 million terminal, which would ship coal from Montana, Wyoming and other states to Asia, could boost U.S. coal exports
by 40 percent. The plans are reviled by environmentalists and Indian
tribes because of concerns about global warming, coal dust pollution and
potential damage to fisheries on the river.
A Washington state judge on Friday handed a victory to the developers of a massive proposed coal-export terminal on the Columbia River, saying the state acted arbitrarily when it blocked a sublease sought for the project.
Boom! Europe's largest bank, HSBC, reports a pre-tax profit that
jumped 448% and no one seems to care or notice.
From CNBC:
- Europe's largest bank, HSBC, said Monday its third-quarter pre-tax profit jumped 448 percent year-on-year to $4.6 billion
- HSBC also said it completed 71 percent of the $2 billion share buyback it announced in July
- the bank is listed in Hong Kong, London and New York
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