Owner: Oxbow Mining. The reduction, reported to the state via a WARN Act notice, follows the loss of 142 jobs in October at the Paonia-area mine, which has struggled since a fire that started one year ago crippled production. The missing pieces were a mine operator willing to take on this risky venture, and a financial investor to make it come to life — which is how the meeting with Oxbow and Aspen Skiing Company (ASC) came about. So it's a very close knit community. Methane — about 10 percent of U. S. emissions — is the second-most-prevalent greenhouse gas after carbon dioxide, but it is 25 times as powerful in trapping heat in the atmosphere.
Sierra Club organizer Rodger Singer says this is much bigger than just the Elk Creek Mine. Join us, along with Forum for the Future and Target, as we use future scenarios to identify potential shifts in consumption that would enable a just, regenerative economy in 2040 at Brand-Led Culture Change — May 22-24 in Minneapolis. Secretary of Agriculture, Tom Vilsack, eventually approved the roadless rule exemption for Oxbow's Elk Creek mine in May 2010. " The mine was owned and operated by Oxbow Mining, a subsidiary of the Oxbow Corporation, a privately-owned company which was founded by William I. Koch, who is the brother of David Koch and Charles Koch, billionaire fraternal twin brothers who operate Koch Industries. That's because environmental groups have challenged the lease every step of the way.
Senior Vice President of Sustainability. The Elk Creek Mine, which Oxbow opened up in 2001, produced more than 6 million tons of low-sulfur coal and employed 350 people at its peak in 2008, when it ranked as one of the country's largest underground coal operations, according to the company. Again, Oxbow Mining Executive Vice President Mike Ludlow. The April 29 demolition attracted a crowd and marked a historic moment for residents throughout the North Fork Valley, many of whom have personal or family ties to the coal industry. And these are high paying jobs in an area with few opportunities. Skico provided the bulk of the capital for the $6 million project. Reviews and Recommendations. BLM says it'll have a decision on the lease in a month or two. Understanding BLM Administrative Areas. 6 billion, according to Forbes, and has campaigned against renewable-energy projects and emissions regulations.
That future might look something like Somerset. So far, it has also prevented 250 billion cubic feet of methane a year from entering the atmosphere, according to a recent progress report from the company. "That's dropping the concentration of burnable gas, so the project isn't running optimally. Mike Ludlow: "Optimistically I'd like to think that some of the employees that had been laid off would have opportunities to come back in the near future. However, researcher Rick Heede of Old Snowmass told The Aspen Times that Skico's project is just a drop in the bucket. Despite that, this mine is in jeopardy of shutting down early if Oxbow Mining can't secure a new lease to take nearby deposits of coal. Dangerous air levels have prevented the retrieval of expensive machinery needed to restore production. The electric cooperative was willing to pay a slightly higher price for the electricity because it fulfills its clean-energy goals, according to its chief executive, Bryan Hannegan. Oxbow Carbon, owned by Bill Koch, agreed to provide access to methane at its Elk Creek Mine. Low-snow years cost the industry on average $1 billion in lost revenue per season, according to one industry estimate. Location:Somerset, Colorado.
This is equivalent to three times all the carbon pollution created by the resort annually — electricity, gasoline, diesel fuel and natural gas, combined — which is the same as removing 517, 000 passenger vehicles from the road for a year. The ruling crashed onto Craig like an avalanche, setting off worries about job losses and stirring arguments for coal's place in the local economy. Skico released the report, in part, to help stoke interest in other such efforts as part of the effort to reduce global warming. Simultaneously, since this project started in 2012, it has prevented the emission of 250 billion cubic feet of methane annually into the atmosphere. Even stilled, the mine remains the town's defining feature. It has yet to make a profit for its investors, and complicated regulatory issues and the low prices of other energy sources in the current market may make it difficult to replicate — without new legislation or government incentives. Oxbow Mining Taking Steps to Permanently Shutdown Elk Creek Coal Mine, Colorado. GPS coordinates: 38. Mine expansion approved. The company invested $5. "Groups challenge Colorado coal mine expansion" Charleston Gazette, feb. 23, 2011.
And they come less than two years after the mine owner, Oxbow Mining, was granted permission to expand the Elk Mine operations. 45 million tons, compared with the same period in 2012, according to state figures. The primary challenge in all of this: the cost. By continuing to visit this site you accept our. Oxbow Corporation, "Mining", Oxbow Corporation website, accessed June 2009. Mike Ludlow: "With three mines there's about a thousand people employed, and it's real common to have one person working here, and another brother at another mine, or a father that had worked here—or still works here and a son. "We had always said, 'Look, if we legitimately care about our own impact, we need to figure out a way to do clean energy in some fashion that isn't token, '" said Auden Schendler, Aspen Skiing Company's senior vice president of sustainability. The Somerset project started with a bang, quite literally. And between the environmental regulations, cheap natural gas prices, it threatens the existence of life as they know it. Oxbow Mining has begun taking the steps to permanently close its Elk Creek Mine in Somerset, which up until late last year it had continued to hope to someday reopen. Modeling and other design approaches were then used to develop a range of pillar design strategies for Oxbow in support of mine planning. This project is currently the only one of this size in the United States. 34 million investment. He said all mine openings have been sealed with cement and dirt.
Mine methane is being used to power electric plants in Europe and China, with the latter providing hefty government support. The Lookout is a free, daily email newsletter with news and happenings from all over Colorado. Last week, 1, 180 sticks of dynamite toppled the coal silo at Oxbow's Elk Creek Mine, leaving a cloud of dust in place of the landmark that towered above the once-prolific mining community of Somerset, Colorado, for decades. Fax: (970) 929-5177. Releases:Model - no | Property - noDo I need a release? Holy Cross Energy signed on to buy the power. An abandoned mine still produces methane gas. Matt Jones, the chief financial officer for Aspen Skiing Co., said he and the other representatives of the resort firm quickly realized they had to stop basing their pitch on the environmental merits and go straight to the economics — arguing that methane was a potentially valuable resource that could be sold. Lease handled by the Bureau of Land Management are not mapped by latitude and longitude, instead, these leases harken back to the Public Land Survey System. Aspen Skiing Co. 's coal mine methane-capture plant proves to be a lot more than hot air. It is owned by William I. Koch, brother of the conservative billionaire industrialists Charles G. and David H. Koch, who has put his stamp on this corner of Colorado with mining, gas drilling and a replica Old West town. Looking For Mining Companies? The headlights of the truck illuminate pitch-black tunnels of coal snaking in all directions. But Ludlow said a decision was made later in the year to start demolition of coal handling facilities, and the federal Mine Safety and Health Administration now lists the mine as abandoned rather than idle or inactive.
And he thinks the energy dense rock has gotten a bad rap from environmentalists.
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