Tag Archives for coal
A new post on the PACE, EnergyFairness blog discusses Sen. Jay Rockefeller’s new bill that will promote and expand enhanced oil recovery and carbon capture.
Last week, Sen. Jay Rockefeller, D-W.Va., introduced a bill that would expand enhanced oil recovery with carbon dioxide (CO2-EOR) captured from working power plants. The Expanding Carbon Capture through Enhanced Oil Recovery Act of 2014 would expand and reform tax incentives for carbon sequestration. Industry experts believe these new incentives would result in a significant increase in oil production in the U.S. The bill has diverse support throughout the Senate.
ACC CEO Betsy Monseu was quoted in a recent FoxNews.com article on the EPA’s impending Mercury and Air Toxics Rule (MATS).
EPA’s MATS rules, which go into effect in January 2016, will devastate coal production in America and force many older power plants to close because the cost of retrofitting them will be too high.
Combined with other EPA policies and regulations, Betsy Monseu, CEO of the American Coal Council said, “Starting in about 2012 and continuing to 2020, we’ll have about 60 gigawatts of coal-fired generation coming off-line…and the majority of that will come off in regard to the implementation of MATS in 2015 and 2016.”
Steve Goreham’s recent article on theHill.com will be an eye-opener for those not familiar with the pressures being placed on our electrical grid.
Last winter, bitterly cold weather placed massive stress on the U.S. electrical system―and the system almost broke. On January 7 in the midst of the polar vortex, PJM Interconnection, the Regional Transmission Organization serving the heart of America from New Jersey to Illinois, experienced a new all-time peak winter load of almost 142,000 megawatts.
Great ad by the people at the PA Coal Alliance!
“There is no question that closing down our most reliable and least expensive source of electricity played a major role in reducing Ontario from a once prosperous “have” province within the Canadian federation to now being a “have not” province, dependent on the charity of wealthier provinces.”
A March 18th blog post from UKIP member of the European Parliament, Roger Helmer, takes a bite out of the wind industry’s claims that they have played a key role in lowering energy prices and increasing competition.
Unfortunately, renewables do not compete on a level playing field. As we have noted many times before renewables have been able to “compete” only because of the massive levels of subsidies they receive. Helmer also notes that their role in the European energy system has actually helped to increase costs to the point that manufacturing interests are fleeing Europe for areas with lower cost energy.
EPA Administrator Gina McCarthy attempted this past Friday to reassure members of the coal industry and elected officials from North Dakota that the Obama administration is not out to destroy coal. In a 2/28/14 meeting, held in Beulah, ND, McCarthy noted that,
…cries that the Obama Administration is moving to wipe out the coal industry are hollow.
Looking back to weigh coal’s cost/benefit profile
Steven Skye, Neversink Valley Museum of History and Innovation
A mine wresting rare-earth minerals from the ground is not the image we have of the ‘renewable energy’ industry of solar panels and wind turbines but it’s the truth. ‘Clean energy’ sources produce tons of toxic waste from their manufacturing processes; the production of ‘clean energy’ generators is, in fact, a dirty business.
The February 20th edition of the EIA Henry Hub spot price graph debunks the notion of imminently stable gas prices that ANGA CEO, Marty Durbin put forward in a blog post and video last week. The impact of the extreme cold temperatures that much of North America has experienced over the past several weeks has caused Henry Hub natural gas spot rates to spike up to almost $8/MMBtu in some areas and then settle out today at just below $6/mmbtu. At $8/mmbtu, we’re seeing an approximately 400% price swing in an 18 month period. (These prices were published in the February 20th edition of the EIA’s Henry Hub spot price graph)
“Americans use too much energy” is one of the most politically correct things you can say—but it’s wrong. My favorite response to that complaint is by the great energy commentator Robert Bryce, who says: “Actually, I use just the right amount.”
There’s no such thing as too much energy. Energy is the capacity to power machines that make our lives better. There are always new and wonderful ways to use it.