Clean coal technology

Tech fund plans to invest $300 million in emission solutions

A climate technology investment group that counts Leonardo DiCaprio among its advisers yesterday announced the closing of its first funding round and says it exceeded targets.

Why it matters: Princeville Capital's Climate Technology Fund aims to invest over $300 million over the next four years in companies that will deploy "near-term climate solutions," the announcement states.

Wyoming coal country struggling despite Trump's support

Ponds of coal bed methane water cover in the Powder River Basin  near Gillette, Wyoming, in 2007.
Ponds of coal bed methane water cover in the Powder River Basin near Gillette, Wyoming, 2007. Photo: RJ Sangosti/The Denver Post via Getty Images

The coal mining industry in the top coal-producing region of the U.S. is struggling despite President Trump's efforts to prop up the coal industry nationwide, according to AP.

Why it matters: Many coal producers in the Powder River Basin in northeastern Wyoming and southeastern Montana are filing for bankruptcy or consolidating as U.S. coal production has slid 30% since peaking in 2008 and small rural communities across the nation face economic uncertainty.