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Posts Tagged ‘Coal’
October 4th, 2013 at 7:20 pm
Feds Mandate Non-Existent Solution for Non-Existent Problem
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In my column last week, I wrote about how rapidly predictions of catastrophic global warming are unraveling. Despite the fact that the case for skepticism is probably better than ever, the Obama Administration is still proceeding with new EPA regulations to cap carbon emissions, which will have the practical effect of crippling the coal industry.

What’s perhaps most remarkable about this crusade is that the EPA claims the problem can be handled through carbon sequestration — a technology that’s not commercially viable (though this should come as no surprise coming from the same people that think solar and wind power are the wave of the future). As Larry Bell notes at Forbes:

EPA’s latest climate battle plan is to prohibit construction of new coal-fired power plants that can’t achieve 1,100 pound per megawatt hour carbon emission limits. To accomplish this will require plant operators to capture and store (“sequester”) excess CO2, something that cannot be accomplished through affordable means, if at all. [The Institute for Energy Research estimates] that this “regulatory assault” will eliminate 35 gig watts of electrical generating capacity…10% of all U.S. power. As the Competitive Enterprise Institute observes, “If the carbon dioxide emissions standard for power plants proposed by the EPA today is enacted, the United States will have built its final coal-fired power plant.”

The liberal environmental establishment wants to bankrupt the coal industry. That’s their prerogative. But they should at least be honest about it instead of acting like they’re simply helping the industry transition to the next best thing. Perhaps they could take a page out of this fella’s book:

July 16th, 2013 at 1:47 pm
New Poll: U.S. Coal Industry More Popular Than EPA
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Here’s something that might restore some of your faith in popular culture and the evolving American electorate.  According to a new Rasmussen survey, Obama’s Environmental Protection Agency (EPA) is less popular than the coal industry that it is trying to destroy:

Voters view the U.S. coal industry more favorably than the Environmental Protection Agency and are closely divided when asked if the Obama administration’s ultimate goal is to kill that industry.  Fifty-one percent (51%) of likely U.S. voters view the U.S. coal industry at least somewhat favorably.  The latest Rasmussen Reports national telephone survey shows that just 29% hold an unfavorable opinion of it.”

Along with Obama himself, it appears that his administrative agencies are paying a price for their continuing lawlessness.

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December 4th, 2012 at 2:18 pm
New North Dakota Senator to Obama: “You’re Wrong on Energy”

NBC News quotes U.S. Senator-Elect Heidi Heitkamp (D-ND) from a campaign debate on what she would say to President Barack Obama about his energy policy:

“You’re wrong on energy. You’re headed in the wrong direction. You made bad decisions,” she said, according to The Associated Press. “You promised that you would promote clean coal technologies, that you would be a champion of coal, and you haven’t done it.” She also urged the president to replace Energy Secretary Steven Chu and EPA administrator Lisa Jackson.

Certainly, that kind of independence helped Heitkamp eke out a win in a state Mitt Romney won by 20 points.  Now that she’s earned the right to speak her mind in the U.S. Senate, let’s see if she’s willing to make good on her promise.  With the coal industry staring at death by a thousand regulations, the sooner the better.

July 24th, 2012 at 1:44 pm
The Reality of Obama’s ‘All of the Above’ Energy Strategy
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An instructive study in the contrast between the president’s rhetoric and results.

Rhetoric:

“We can’t have an energy strategy for the last century that traps us in the past. We need an energy strategy for the future – an all-of-the-above strategy for the 21st century that develops every source of American-made energy.” — President Obama, March 15, 2012

Results:

Pennsylvania’s PBS Coals Inc. and the affiliated RoxCoal Inc. announced that they would idle some of their deep and surface mines, laying off 225 employees in the process.

…  According to the Pittsburgh Post-Gazette, which first reported the layoff, the company employs 795 workers.

In Alledonia, Ohio, Murray Energy Corp. announced Friday it would lay off 29 union coal mining jobs at The Ohio Valley Coal Co.’s Powhatan No. 6 Mine.

“The failed energy policies of the Obama administration and the ‘war on coal’ that the president and his Democrat supporters have unleashed are the direct causes of this layoff,” said Powhatan mine general manager Ronald Koontz, according to The Wheeling Intelligencer. “Unfortunately, for us, this is just the beginning [of] the work force reductions.” — The Daily Caller, July 23, 2012

There comes a point at which the cognitive dissonance that underpins grandiose pronouncements with no relationship to reality simply make the speaker look buffoonish. Looking for that line, Mr. President? It’s behind you.



January 20th, 2012 at 12:21 pm
Obama’s Keystone XL Folly Puts Swing States in the Mix

From BusinessWeek:

President Barack Obama’s rejection of TransCanada Corp.’s Keystone XL pipeline permit exposed a split in a core Democratic constituency and handed Republicans a new line of election-year attack.

Unions representing construction workers condemned the move while labor groups including the United Steel Workers, the United Auto Workers and the Service Employees International Union joined with environmental advocates in saying they support Obama’s decision. It also triggered swift criticism from congressional Republicans and the party’s presidential candidates.

Expect Republicans to run ads targeting blue collar workers in Rust Belt swing states like Pennsylvania and Ohio where ties to manufacturing jobs run deep.  When Obama ran against Hillary Clinton in 2008 he consistently lost the white working class vote for stances like picking sky-is-falling environmentalists over John and Jane hardhat.

Dissatisfaction among traditionally Democratic blue collar voters toward Obama has been building for months due to political decisions that – as discussed in my column this week – kill unionized jobs in coal and oil, but interestingly not natural gas.  Obama’s turn away from blue collar voters has been met with a renewed emphasis on ginning up votes among other core Democratic constituencies like recent college graduates (hello, Occupiers!) and other gentry liberals.

But the strategy of maximizing votes in liberal enclaves like college towns and deep blue coastal states that Obama would win anyway doesn’t quite add up for one simple reason: the Electoral College – not the popular vote – elects the President.  Even if Obama gets a larger share of liberals in blue states like California he still nets only 54 electoral votes.  But if he fails to connect with everyday Democrats in swing states in Ohio and Pennsylvania that see their President willfully killing jobs they’d otherwise have, he’ll move entire states into the Republican column.

This kind of divide-and-conquer strategy looks like a recipe for defeat.  Then again, from my perspective, I couldn’t ask for a better campaign strategy.  (Unless, of course, this scenario occurs.)

March 14th, 2011 at 12:53 pm
Unions, Environmentalists at War over EPA Regulations

Since at least the FDR era, the Democratic Party has served as an umbrella for a motley coalition of special interest groups that have only one thing in common: demanding action from government.  Most of the time, the competing priorities of the groups don’t come into direct conflict.  But when they do, it is a delight to sit back and watch each carve up the other.

Today’s example comes from the pages of the Wall Street Journal.  Apparently, businesses in the energy sector aren’t the only ones fighting the Obama Administration’s job-killing EPA regulations.  Labor unions like the Utility Workers Union of America and the United Mine Workers are demanding a ceasefire on cap-it-or-close-it regulations that could force companies to close 18% of the nation’s coal factories if they fail to comply with the EPA’s proposed climate change rules.

Unions recognize that without factories workers get fired.  Environmentalists don’t want to budge on what the Natural Resources Defense Council calls “the biggest public health achievement” of the Obama Administration.

Simple math is likely to break the stalemate.  Unions in coal states account for millions of campaign contributions and thousands of votes.  With Ohio, Pennsylvania, Michigan and Wisconsin all flipping from Obama in 2008 to the Republicans in 2010, don’t count on the president to sacrifice his reelection chances on the altar of green jobs.

If he does, union voters – and their dollars – just might stay home in 2012.

November 23rd, 2010 at 10:01 pm
The Only Problem with Green Jobs is that they Don’t Exist
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Senik’s Law of Subsidies: Subsidizing any industry into existence requires destroying its more efficient competitors. And that, ladies and gentlemen, is the story of green jobs.

Luckily, the Obama Administration hasn’t been able to get its hands on the noose with which it intends to strangle the energy industry (I’m sorry … the industry that produces energy that actually works): that would be cap and trade. Thus, it’s had to settle for the silver medal of plowing money into “green jobs” that can’t balance the books without a chunk of your paycheck to stem the tide of red ink. The problem, of course, is that since conventional fuel sources like coal and petroleum are still the most feasible energy sources, the government is underwriting jobs that serve no discernible demand in the consumer market. Consider this passage from a story in today’s Washington Post:

With nearly 15 million Americans out of work and the unemployment rate hovering above 9 percent for 18 consecutive months, policymakers desperate to stoke job creation have bet heavily on green energy. The Obama administration channeled more than $90 billion from the $814 billion economic stimulus bill into clean energy technology, confident that the investment would grow into the economy’s next big thing.

What could go wrong? After all, if the administration is “confident”, there’s no reason to doubt, right? The Obama White House is know for nothing if not its clairvoyance (we’ll leave aside the question of why the “next big thing” would require subsidies). Oh, Mr. President, we hate to interrupt your dance with delusion, but reality would like to cut in:

The industry’s growth has been undercut by the simple economic fact that fossil fuels remain cheaper than renewables. Both Obama administration officials and green energy executives say that the business needs not just government incentives, but also rules and regulations that force people and business to turn to renewable energy.

Without government mandates dictating how much renewable energy utilities must use to generate electricity, or placing a price on the polluting carbon emitted by fossil fuels, they say, green energy cannot begin to reach its job creation potential.

Forget Afghanistan. Energy policy is the administration’s real parallel to Vietnam. We must destroy our energy sources in order to save them.