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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (331893)11/3/2009 11:24:29 AM
From: ManyMoose  Read Replies (1) | Respond to of 794015
 
I don't know, but I wouldn't bet against him.


Buffet is buying BNSF Railroad. Could Warren be betting Cap and Trade is dead?



To: DMaA who wrote (331893)11/3/2009 11:55:11 AM
From: Neeka1 Recommendation  Read Replies (1) | Respond to of 794015
 
We get most of our power from Hydroelectric plants, so I hadn't thought there would be the need for any coal fired power plants in the PNW, but I was wrong. There are a few, although not nearly as many as in other regions.

Really neat interactive map here:

sourcewatch.org



To: DMaA who wrote (331893)11/3/2009 12:41:05 PM
From: Brumar89  Respond to of 794015
 
It is a bet against the idea US coal production is going to die. One, cap and trade may not pass. Two, if it does, there may be ways coal plants can stay in business by buying carbon credits (CO2 (to be pumped underground) could become a new revenue source for natural gas producers, chemical plants, refiners):

Message 26065294

Three, even if coal use disappeared in the US, there's an export demand for our coal.


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