Category Archives for Marketplace Information
Information on the coal market place.
This Daily Caller article describes how the Obama administration has picked the last few hours remaining before the Thanksgiving holiday to release the updated federal Unified Agenda. The DC article describes the document as,
the Obama administration’s regulatory road map (that) lays out thousands of regulations being finalized in the coming months.
The article describes how some 3,415 new regulations are listed, including 189 rules that will cost the U.S. economy more than $100 million.
There was an interesting article published in The Hill yesterday, which quotes EPA Administrator, Gina McCarthy on the issue of election-based changes in the Senate. Her comments indicate an overweening sense of confidence that public and presidential support will be more than sufficient to stop any attempts to limit EPA actions by the newly elected Republican majority in the Senate and the returning majority in the House.
Here’s one more article pointing out the high and unintended costs of the EPA’s pending GHG regulations.
The U.S. Chamber of Commerce blog describes (from a variety of reports) how prices across the nation could increase by 6%-7%, or even as much as 12%. They also note that overall consumer costs will increase, electricity rates will increase, and electric reliability will decrease, leaving residents and businesses in the dark and potentially stopping a budding American manufacturing renaissance.
Most people just don’t know that Germany, the darling of the European renewables industry, is in the middle of a massive build-up of its coal-fueled generation fleet. Some, as this WSJ author does, might call it a “coal binge.”
Berlin’s “energy revolution” is going great—if you own a coal mine. The German shift to renewable power sources that started in 2000 has brought the green share of German electricity up to around 25%. But the rest of the energy mix has become more heavily concentrated on coal, which now accounts for some 45% of power generation and growing.
Former Sierra Club activist, Dr. Alan Carlin’s story of his whistleblowing experience at the EPA is an interesting read. In this article, Dr. Carlin describes why he was forced to blow the whistle on EPA during the run up to the CO2 endangerment finding, how he was “muzzled” for bringing forth negative comments, and how he sees the EPA now operating outside of their legal mandate.
The Obama administration appears to be losing ground in its efforts to cut U.S. emissions of greenhouse gases, according to new government figures that show pollution levels rising again after several years of gradual decline.
Two quick notes on this issue. First, CO2 is not pollution, no matter how strenuously media, some elected officials, the environmental industry, and Leo DiCaprio protest. CO2 is, and always has been, plant food. It is an essential chemical component of all life on this planet.
A recent Bloomberg news piece attempted to paint a UK Advertising Standards Authority (ASA) ruling as a setback for energy producer, Peabody Energy. However, when one takes a moment to read the full article, it is clear that Peabody won a clear and convincing victory in this case.
A complaint from the World Wildlife Fund asserted that Peabody’s recent “Advanced Energy for Life” advertisement, which referred to “today’s advanced clean coal technologies” was misleading. In it’s ruling on the complaint, the ASA ruling claimed that “consumers were likely to interpret the advertisement as a claim that ‘clean coal’ processes don’t produce carbon dioxide or other emissions.” The ASA ruling required that the advertisement be changed before it could be run again.
More and more people are waking up to the reality that the war on coal is just one part of a much larger war. As Former Speaker of the House, Newt Gingrich described in a 2013 American Coal magazine article,
The phrase “war on coal,” however, is highly misleading.
A “war on coal” is in fact “a war on Americans.”
It means Americans in small towns in West Virginia, Virginia, Pennsylvania, Ohio, southern Illinois, Missouri, Kentucky and Wyoming will lose their jobs and see their communities destroyed as casualties in the Obama “war on coal.”
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Alex Epstein (@) Founder of the Center for Industrial Progress will give the keynote presentation at the 2014 Coal Market Strategies Conference (August 11-13, 2014 in Park City, Utah at the Stein Eriksen Lodge). Be sure to attend to be one of the first to learn about his new book, The Moral Case for Fossil Fuels!
An avid and innovative champion of fossil fuels, Alex has defended their economic and environmental benefits in debates against , Greenpeace, 350.org’s Bill McKibben, and the Sierra Club. Alex’s writings and views on fossil fuels have been covered and published in hundreds of publications, ranging from the Wall Street Journal, Forbes, and the New York Times to Rolling Stone. He engages with many constituencies on the economic and environmental benefits of fossil fuels, including university students, having spoken at Stanford, Duke, Rice, UCLA and others.
Marlo Lewis from CEI describes his recent drive past the Ivanpah Solar Generation facility. The short version of his post is that solar is still far more expensive than other forms of energy and has its own list of environmental impacts that it must begin to address before it can even begin to claim that it can compete with coal, gas, nuclear, or other energy sources.
So I’m headed back to California from Las Vegas on I-15 when my eyes are dazzled by the light. Immense rectangular objects on three gigantic towers shine brighter than the desert sky in the noonday Sun. I avert my gaze, finding the discomfort level about the same as staring at an oncoming car with the brights on at night. …