coal

Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.

This week Mark and Dave ask Providence Mayor Jorge Elorza about the city's decision to remove pension investments from a group of greenhouse gas-producing companies.

The corporation that runs Brown University has decided against purging its endowment of investments in coal companies, as a student-led group, Brown Divest Coal, had campaigned for.

In a statement released by university President Christina Paxson, the corporation decided that Brown will address climate change though teaching and research, rather than through coal divestment.

Brayton Power Point Set to Close

Oct 9, 2013

Environmentalists are hailing a decision to shut down the Brayton Point Power Station in Somerset, Massachusetts.  Owners of the coal-fired plant filed papers Monday indicating the plant will no longer provide power to the grid by 2017.

Federal regulators have called it the heaviest polluter in Massachusetts. Environmentalists have decried the carcinogens that pour from its smokestacks. Now, the Brayton Point Power Station on the Massachusetts/Rhode Island border is closing, according to papers filed by its owner, Energy Capital Partners.