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 Utilities
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.
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.
Corsa Coal’s Acosta Deep mine in Pennsylvania, to open in June, will create about 600 jobs
A new US coal mine, scheduled to begin production next month, is lifting the spirits of an industry still hurting from the impact of low commodity prices and steep competition from other energy sources, which have triggered massive bankruptcies and closures in the past five years.
Once a full tilt, the mine will produce 400,000 tonnes of metallurgical coal a year for US and Chinese steel companies.
KING GEORGE, VA. (COAL AGE) —GE Power (NYSE: GE) today announced plans to convert its 242 MW coal-fired Birchwood Power facility in King George, Virginia, US into a Steam Plant Services Innovation Center.
The center, which provides sufficient electricity to power more than 240,000 homes, is to become a showcase for how the latest GE technologies can greatly increase the efficiency and flexibility of coal-fired steam power plants, while also reducing emissions.
The head of the Environmental Protection Agency (EPA) argued Wednesday that using coal for electricity is necessary for the reliability of the electric grid.
Speaking on Fox Business’s “Varney & Co.,” Scott Pruitt warned of the problems of relying too heavily on natural gas, which has increased in use over the last decade as coal has fallen.
Pruitt argued in part that cybersecurity concerns should inspire the country to maintain coal as a significant fuel source.
“Utility companies across this country need fuel diversity. You need solid hydrocarbons on-site that you can store, so when peak demand rises, you’ve got solid hydrocarbons to draw on,” Pruitt told host Charles Payne.
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.
By John Siciliano
The Trump administration could call Thursday “National Coal Day.”
Several Cabinet officials are spreading out to push clean coal, coal power plants and coal mining.
The activities got started Wednesday afternoon when Interior Secretary Ryan Zinke met with Native American leaders to brainstorm ways the Trump administration can help prevent one of the largest coal-fired power plants in the country from shutting down in Arizona.
Daily Caller (April 13, 2017)
Environmental Protection Agency (EPA) Administrator Scott Pruitt told business advocates the agency will reconsider a rule utilities worry could force more coal-fired power plants to close.
“I have decided that it is appropriate and in the public interest to reconsider the rule,” Pruitt wrote in a letter sent Wednesday to counsel for a utility group and officials at the U.S. Small Business Administration (SBA).
“The EPA is acting promptly to issue an administrative stay of the compliance dates in the rule that have not yet passed pending judicial review,” Pruitt wrote regarding an EPA regulation on liquid waste from coal plants.