Since the early 1900s, the federal government’s primary intervention was through tax incentives to the oil and gas industry that were intended to increase production of domestic oil and gas.
Category Archives for Marketplace Information
Information on the coal market place.
WASHINGTON, DC — Coal is still very much at the center of the debate on the future of energy. For some, the holy grail is a new type of technology that captures some coal carbon emissions. Science correspondent Miles O’Brien joins Judy Woodruff to take a closer look at the results coming out of one of the largest fossil fuel power plants in the country and the obstacles stopping them from collecting more.
By Louis Jacobson
On the one hand, coal is a high-carbon-emissions fuel that is at a disadvantage under the Paris agreement and could potentially benefit from the United States’ exit from the accord. On the other, some experts have said that the demise of coal as an energy source has less to do with emissions than with lost market share to a competing fossil fuel — natural gas — and technological improvements that have bolstered renewable energies such as wind and solar.
WASHINGTON, DC — The United States, China and India, the world’s largest coal users, have increased coal mining this year by 6 percent following 2016’s record global decline.
Among the three counties, production through May is up by at least 121 million tons compared to the same period last year, according to data reviewed by The Associated Press. The change is most dramatic in the United States where production is up 19 percent within just the first five months of 2017, according to the U.S. Department of Energy.
ACCCE President Refutes Recent Report saying Regulations were not the Primary Cause of Coal Power Plant Retirements
By Paul Bailey – President & CEO
WASHINGTON, DC (May 9, 2017) — A recent report —“Can Coal Make a Comeback?”—asserts that environmental regulations are a secondary influence in decisions to retire coal-fired electric generating units. We disagree with this assertion.
Specifically, the authors of the report “believe” that low natural gas and renewable costs are more important in retirement decisions than environmental regulations. However, the report provides no analysis to support this belief.
By Michael Bastach
(Daily Caller) — A new study published by seasoned researchers takes aim at the heart of the Environmental Protection Agency’s (EPA) authority to issue regulations to curb carbon dioxide emissions.
The study claims to have “proven that it is all but certain that EPA’s basic claim that CO2 is a pollutant is totally false,” according to a press statement put out by Drs. Jim Wallace, John Christy and Joe D’Aleo.
Wallace, Christy and D’Aleo — a statistician, a climatologist and meteorologist, respectively — released a study claiming to invalidate EPA’s 2009 endangerment finding, which allowed the agency to regulate CO2 as a pollutant.
(RealClearEnergy) — The federal government has a long history of meddling in the U.S. energy market. For almost 100 years, the government has provided tax incentives, subsidies, federal electricity programs, loans, loan guarantees, and funding for research and development to promote the efficient use and production of domestic energy resources.
By JEFF MCDONALD, S&P Global
ORLANDO (MAY 05, 2017) — Coal’s status as a baseload fuel has diminished as it competes economically with natural gas and other fuels, but government subsidies of renewables also are playing a part in reduced consumption, a Dynegy Inc. executive said.
U.S. coal consumption, which topped 900 million tons for 21 straight years beginning in 1990, dropped to 678 million tons in 2016 and could drop by 50 million tons or more in future years as structural changes take hold, Rob Hardman, vice president of fuel supply for the Houston-based utility, said May 4 at the Eastern Fuel Buyers Conference in Orlando, Fla.
WASHINGTON, DC. – The Spring 2017 issue of the American Coal magazine has been shipped and is now available. It has also been sent in a convenient email “flip-book” format suitable for your hand-held devices. The new issue features articles from Wyoming Congresswoman Liz Cheney, writing about the importance of coal to the western states and the value of federal leasing for job creation.
Rep. Cheney is joined by West Virginia Attorney General Patrick Morrisey, Janet Gellici of the National Coal Council, Wyoming Infrastructure Authority’s Jason Begger, Longview Power’s Jeff Keffer, Jim Truman of Wood Mackenzie on topics ranging from steps Congress and states can take to prevent future “wars on coal,” development of carbon capture and use technologies, and the outlook for metallurgical coal.
If you aren’t already a subscriber, please contact Terry Headley at email@example.com and we’ll sign you up!
A coal sector that has spent much of the past eight years criticizing the U.S. Environmental Protection Agency under the Obama administration welcomed an official with the Trump administration at an industry event May 4.
EPA Senior Policy Adviser Mandy Gunasekara said she came to the Eastern Fuel Buyers conference, hosted at the Disney Yacht Club in Orlando, Fla., to answer “eight years of questions” and gather information to take back to Washington, D.C.
It is a common idea among many Americans that coal as a major industrial fuel is dead, or at least dying, and cleaner fuels, like wind and solar energy, and natural gas, are taking over. There is some truth there; but there are other influences on coal’s recent decline.
Less costly natural gas has become the fuel of choice in power plants and for other industrial uses, not because of the natural relative price of the fuels, but because of the cost of regulatory demands on mining and burning coal that require enormous investments that have priced coal higher than natural gas. Remember former President Barack Obama’s prediction: “So if somebody wants to build a coal-powered plant, they can. It’s just that it will bankrupt them.”