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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (128849)

1/23/2017 11:23:00 AM

From: Sdgla

Respond to of 217700

President Trump begins the battle to save coal

Poca stands across river from the John E. Amos Power Plant, a coal-fired operation that produces electricity for 400,000 residential, 72,000 commercial, and 2,650 industrial customers.

The electricity is cheap and clean. I would not live in a town that is dirty.

But coal competes with natural gas and Chesapeake Energy paid the Sierra Club $25 million to launch a Coal Is Filthy campaign a decade ago.

Joe Biden pledged to close down coal and bankrupt coal companies.

For eight years, that has been President Obama's rule.

That changed on Friday

From President Trump's White House:
Sound energy policy begins with the recognition that we have vast untapped domestic energy reserves right here in America. The Trump Administration will embrace the shale oil and gas revolution to bring jobs and prosperity to millions of Americans. We must take advantage of the estimated $50 trillion in untapped shale, oil, and natural gas reserves, especially those on federal lands that the American people own. We will use the revenues from energy production to rebuild our roads, schools, bridges and public infrastructure. Less expensive energy will be a big boost to American agriculture, as well.The Trump Administration is also committed to clean coal technology, and to reviving America’s coal industry, which has been hurting for too long.In addition to being good for our economy, boosting domestic energy production is in America’s national security interest. President Trump is committed to achieving energy independence from the OPEC cartel and any nations hostile to our interests. At the same time, we will work with our Gulf allies to develop a positive energy relationship as part of our anti-terrorism strategy.And we learn from Canada that shutting down coal plants does not clean the air, rather it just makes electricity more expensive.

From the Toronto Sun:
Ontario’s hell-bent determination to phase out coal-fired generation raised electricity rates without significantly improving air pollution levels, a new Fraser Institute report says.Report co-author Ross McKitrick, an economics professor at the University of Guelph, said the findings should act as a cautionary tale for Alberta and Ottawa currently going down the same road.Even though there was reliable information available at the time that showed Ontario coal was not a big player in common air pollution ingredients, the political agenda made it impossible to discuss less expensive options to full closure, he said.“They just demonized it up and down — made it impossible to even have the conversation,” added McKitrick. “They turned it into a really dirty word and that had the effect of shutting down the whole discussion even before it began which, of course, led to a lot of really bad decision making ... The lessons translate directly over to Alberta.”Ontario closed its last coal plant in 2014, and made it illegal to open any more.The most significant closures were the Lambton and Nanticoke stations which represented 25% of the province’s total supply of electricity.So Canada made electricity more expensive with little if any benefit.

More from the story:
The Fraser Institute report, Did the Coal Phase-out Reduce Air Pollution, looked at the impact of closing the plants on the level of fine particulates, nitrogen oxides and ground-level ozones in Toronto, Hamilton and Ottawa.The small and, in some cases, statistically insignificant improvements in air quality in a few locations could have been achieved more cheaply with pollution control devices like scrubbers, the report concluded.Residential wood-burning fireplaces, dust from unpaved roads and even meat cooking were bigger contributors to fine particulate emissions than coal-fired generation, according to the 2005 Environment Canada Air Pollution Emissions Inventory.Junk science, the bane of humanity.

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Please read "Trump the Press," in which I skewer media experts who wrongly predicted Trump would lose the Republican nomination. "Trump the Press" is available as a paperback, and on Kindle.

It covers the nomination process only. The general election will be covered in a sequel, "Trump the Establishment."

For an autographed copy, email me at DonSurber@GMail.com

Be deplorable. Follow me on Twitter.

Posted by Don Surber at 1/21/2017 08:00:00 AM

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