Tag Archives for cost
By William F. Jasper
The New American
The People’s Republic of China, the undisputed Pollution King of the world, is ramping up its production of coal-fired power plants — not only in China, but in dozens of other countries as well.
But, strangely, China remains the new darling of the climate-change alarm choir. The communist regime, which is notorious for pumping colossal volumes of deadly toxins into the air, water, and land, is being celebrated as the new global environmental champion.
Houston (Platts)– Coal is projected to provide the majority of US power generation in 2017, retaking the crown from natural gas, according to the US Energy Information Administration’s monthly Short Term Energy Outlook released Tuesday. The agency projects coal will fuel 31.3% of the US’ electricity in 2017 compared with 31.1% for gas.
In 2016, gas surpassed coal as the nation’s primary fuel for the first time, totaling 33.8% of generation compared with 30.4% for coal. The agency has projected gas to be the top fuel in 2017 in most of their reports so far this year, including June’s edition, but increasing gas prices as well as higher hydro generation have pushed gas below coal for the first time.
By Dan Byers
US Chamber of Commerce
The War on Coal is well and truly over, but a peculiar debate over its impact lingers on. Revisionist history is central to this debate, with some folks now suggesting that the coal industry was never in a two-front struggle against both a regulatory onslaught and cheap natural gas. Instead, they argue, it was a one-front war against natural gas all along. President Obama may have marshalled his regulatory agencies for battle, but who knew they were firing blanks?
Star-Tribune (Feb 13, 2017)
Sheridan County hasn’t experienced active coal mining since the last coal operation ceased in the 1980s, though it was once a booming coal community peppered with company towns.
That may soon change.
Cloud Peak Energy, which operates the Antelope and Cordero Rojo mines in Campbell County, recently applied for a federal permit to enhance roads and a rail spur between the non-operational Youngs Creek north of Ranchester and the bustling Spring Creek mine in Montana. The construction will facilitate the moving of equipment, coal and personnel between the two mines.
By SALENA ZITO
WAYNESBURG, Pa. — Two weeks after Derek Cisar’s wife gave birth to their son, the 36-year-old coal miner had to tell her he’d lost his job.
“It wasn’t because there wasn’t any work,” he said, moments after emerging from the underground mine. “Things in the industry in our area had started looking pretty stable for the past few months.
“It all came down to a ruling by a judge … with pressure from two climate-change groups. They effectively upended my life, my family’s life, and the lives of 202 other coal miners who were laid off because of his ruling.”
WASHINGTON, DC (February 3, 2017)– The congressional action this week to strike down the “Stream Protection Rule” issued December 19, 2016 by the Department of the Interior’s Office of Surface Mining Reclamation and Enforcement is a welcome step in the right direction for the federal government and for coal. The swift action recognizes the severe flaws in a regulation that would needlessly restrict access to our nation’s abundant coal reserves, increase mining costs, erode federal and state tax revenues, and result in the loss of high numbers of well-paying jobs.
What the Media Says —
“Coal-fired power plants do not use clean coal technology.”
The Reality –
There are 16 clean coal technologies being used today by the U.S. coal fleet. These include wet and dry scrubbers to reduce SO2 emissions, selective and non-selective catalytic reduction to reduce NOx emissions, and electrostatic precipitators and fabric filter technology to reduce PM. Every coal-fired power plant in the U.S. uses one or more clean coal technologies. Source: American Coalition for Clean Coal Electricity.
By Ben Levisohn – December 30, 2016
Coal prices had been surging this year, giving a big boost to coal companies. Coal prices, however, have been tumbling the past few days and Axiom Capital’s Gordon Johnson contends we could be witnessing the end of the rally…and the iron ore rally with it. He explains why.
Based on information released yesterday, China is considering raising the 2017 steel and coal capacity-cut targets by 10%. Simply put, this means more steel and coal production from China next year.
WASHINGTON (December 20, 2016) – U.S. Representative Evan Jenkins (R-W.Va.) introduced a resolution today to force Congress to take an up-or-down vote on an anti-coal regulation just finalized by the Obama administration.
Rep. Jenkins’ joint resolution of congressional disapproval would require a simple majority vote of each chamber on the stream buffer zone rule.
Rod Adams, December 28, 2016
President-Elect Trump’s choice of Rick Perry to run the Department of Energy is good news for people who believe–or want to believe–that the federal government’s Department of Energy was formed at the end of the 1970s because voters were tired of our abject dependence on foreign oil and its associated entanglements.
It is likely to be a huge disappointment for those who are more comfortable with the DOE as it exists today, with very little in the way of energy production or innovative energy research attributable to the $30 billion taxpayers spend on its annual budget.