The American
coal industry says Mr. Obama is waging a «war on coal» in response to his proposed regulation of air pollution and surface mining in mountain areas.
Environmentalists say that CCS is at a point of development similar to the point scrubbers were at in the 1990s, but backers of
the coal industry say it's nowhere close.
Not exact matches
The
coal industry was interested in ensuring that the Paris deal provides a role for low - emission
coal - fired power plants and financial support for carbon capture and storage technology, the officials
said.
President Donald Trump announced his decision to withdraw from the Paris deal in June,
saying the accord would have cost America trillions of dollars, killed jobs, and hindered the oil, gas,
coal and manufacturing
industries.
Requiring the reduction of carbon emissions will make
coal - based energy more costly, while solar and wind technology are expected to be priced more competitively, thereby supporting those alternative energy
industries,
says Jason Blumberg, chief executive and managing director of Energy Foundry, a Chicago - based cleantech impact venture capital fund.
«We're still dealing with the aftermath of layoffs in the
coal industry,»
said Michael Cornett, director of agency expansion and public relations of the Eastern Kentucky Concentrated Employment Program, a nonprofit, federally funded workforce development organization established in 1968 and headquartered in Hazard.
But in the long run, the movement hopes to «start a conversation» about all aspects of the B.C.
coal industry, from production to use and everything in between,
says the Dogwood Initiative's Laura Benson.
Alan Fryer, a spokesman for the
Coal Alliance, an industry lobby, says any risk from coal dust is exaggera
Coal Alliance, an
industry lobby,
says any risk from
coal dust is exaggera
coal dust is exaggerated.
«Everybody realizes that nothing we do can change where the
coal industry stands,» Arnett
said.
Researcher Clark Williams - Derry
said it is difficult to underestimate the impact a ban on thermal
coal exports would have for the
coal industry in the western U.S.
Although Swensen did not release the names of the investment managers or companies involved, he
said that by the end of Fiscal Year 2015, Yale's $ 25.6 billion endowment had only minor exposure to the oil and
coal industries.
Critics
say the plan will make electricity more expensive and will reduce jobs in
industries like
coal.
Clark
said a ban will help develop the province's liquefied natural gas
industry, arguing if China shifted from
coal to LNG it would have «a massive impact» on greenhouse gas emissions.
Trump
said that, if elected, he would rescind Obama's «job - destroying» executive actions, «save» the
coal industry, revive the Keystone XL pipeline project and cancel the Paris climate accords.
Another major Trump move aimed partly at helping the
coal industry — repealing the Obama administration's Clean Power Plan — also won't make that much of a difference for
coal,
said MIT's Knittel.
Instead, it was an effort to regulate the
coal mining
industry right out of business,»
said Rep. Bill Johnson, R - Ohio, who sponsored the disapproval measure on the stream protection rule.
Locals
say that, in addition to trade deals and the rise of China, part of the reason for job losses is the declining fortunes of
coal, which is what brought the aluminum
industry to Kentucky in the first place.
A shift away from
coal might be challenging for the province's longtime
coal power companies, but that
industry is undergoing change across North American,
said Smith.
The president
said in his speech that the move is to help the American economy, adding that he «loves»
coal mines and he will help the
coal industry.
«These examinations are part of the ACCC's investigation into allegations of cartel conduct regarding the 2009 tender process conducted by the NSW Department of Trade and Investment (formerly the Department of Primary
Industries) for an exploration mining licence over the Mount Penny
coal tenement in the Bylong Valley,» the commission
said in a statement.
But Thomas Deng, a
coal industry analyst with consulting firm ICIS,
said the venture was unlikely to succeed, as the market was already crowded and Yankuang has no experience in the sector.
In the video, she also highlighted her willingness to disagree with her party,
saying «when Washington Democrats take the wrong course, hurting our
coal industry, I will do everything in my power to stop them, including standing up to President Barack Obama.»
«The reality is that this rule was not an effort to protect streams — it sought to regulate the
coal industry out of business and eliminate tens of thousands of jobs in that
industry,»
said Rep. John Faso (R - Kinderhook) in a letter to the Daily Freeman last year.
«The
coal industry is facing huge pressures, and the main reason is China — but it is not the only reason,» IEA Executive Director, Fatih Birol,
said.
The cost of one project can run at the $ 1 billion level or higher, causing critics to
say that full use of CCS on most of the world's
coal plants would bankrupt the energy
industry and possibly spur earthquakes (ClimateWire, June 19).
«These significant alterations are likely to lead to saltier and more perennial streamflows throughout Appalachia, where at least 7 percent of the land has already been disturbed by mountaintop - removal mining,»
says Nippgen, who notes that mountaintop removal is not part of Wyoming's
coal industry.
The electric power
industry can achieve deep reductions in greenhouse gas emissions by 2050 by building new nuclear plants, sequestering
coal - plant emissions, boosting wind energy and improving efficiency, the
industry's top research group
said yesterday.
The biggest driver of lower carbon dioxide emissions has been declining natural gas prices, which has allowed the
industry to replace
coal - fired power plants economically with cleaner natural gas power plants — and without a costly regulatory mandate,»
said Jeffrey J. Anderson, a doctoral candidate in the Department of Engineering and Public Policy.
And action is going to take money: the IEA estimates at least $ 20 billion over the next decade, whereas the
industry group American Coalition for Clean
Coal Electricity
says it will cost $ 17 billion for CCS to be available by 2025.
With the Calvert Cliff's project at a critical juncture this summer, Constellation signaled that it might compel EDF to purchase some
coal - fired power plants, an option EDF's purchase agreement provided — a provision EDF hadn't expected to have to meet,
industry officials
said.
«The CO2 emissions related to China's exports are large not just because they export a lot of stuff or because they specialize in energy - demanding
industries, but because their manufacturing technologies are less advanced and they rely primarily on
coal for energy,»
said co-author Klaus Hubacek, a University of Maryland professor of geographical sciences.
He also questioned the need for performance standards on
industry in the draft bill,
saying that provision would halt construction of any new
coal plants beyond 2015.
Some experts
say that
coal - fired plants can only become truly clean if the government and
industry pump billions of dollars into the technological upgrades required to extract the carbon dioxide gas created during combustion and sequester it semipermanently deep underground.
Ian Dunlop, who used to chair the Australian
Coal Association but now campaigns to leave coal in the ground, says this will force the industry to focus on cleaner c
Coal Association but now campaigns to leave
coal in the ground, says this will force the industry to focus on cleaner c
coal in the ground,
says this will force the
industry to focus on cleaner
coalcoal.
«Number games» «It's necessary for the Chinese central government to consolidate the muddled statistical situation of the
coal industry by getting figures through in - depth and sophisticated researching and analyzing work,» Tu
said.
Coal industry groups
said they hope that the DC Circuit and the Supreme Court, which heard another air pollution case Tuesday, strike down both laws, which they claim hurts jobs and the economy.
China's efforts to limit
coal production can't save the troubled
coal industry, either, Jiang
said.
His behind - the - scenes maneuvering is likely to result in a bill that provides more money for clean -
coal projects and assistance to
industry than the House version,
say insiders.
«China has called for controlling its primary energy consumption in 4.8 billion tons of standard
coal by 2020 and limiting
coal consumption in 4.2 billion tons; those targets will not be realized if Chinese
coal - to - chemicals
industry continues to grow,» Ma
said.
Keeping in mind the enormous stake that panel members ExxonMobil and Shell have in the oil, natural gas and
coal industries, here is a look at the panel's take on why oil and
coal have been so difficult to replace by the following alternative energy sources: Natural gas ExxonMobil favors boosting the U.S.'s consumption of natural gas, in part, because it produces at least 50 percent less greenhouse gas per hour when burned compared with
coal, Nazeer Bhore, ExxonMobil senior technology advisor,
said during the panel.
But we, who have to a large extent built up our
industries and economies on
coal, oil, steel and cement have, in my opinion, a responsibility to lead the way and develop measures which can show the rest of the world that it is possible to achieve ambitious emission reduction targets,»
says Johan Rootzén.
Yet overall, she
says, emissions from fishing pale in comparison to
industries on land, such as power generation from
coal plants.
«The administration continues to push an agenda of job - killing regulations that could strangle this country's energy
industries, in particular
coal,»
said Rogers, who hails from a major
coal - producing state.
The
industry has faltered because of declining global demand and low natural gas prices, which have encouraged electric power companies to use gas instead of
coal to generate electricity,
said Ray Rasker, executive director of Headwaters Economics, an independent research group focusing on the economic implications of land management decisions in the West.
The
coal industry, and its backers in Congress, have
said that if EPA deems CCS the best system of emissions reduction, it will force the
industry to use a method that has not been proved on a commercial scale.
(Reuters)- The U.S. electric
industry knew as far back as 1968 that burning fossil fuels might cause global warming, but cast doubt on the science of climate change and ramped up
coal use for decades afterward, an environmental watchdog group
said on Tuesday.
Dozens of utilities surveyed by Reuters earlier this year
said they would continue to move away from
coal despite efforts by the Trump administration to revive the
coal industry.
«The U.S.
coal industry does not have a bright future — and quite possibly no future at all in the long term — unless there are reversals in the factors that have brought this about,»
said Robert Stavins, a professor of business and government at Harvard University.
Coal - reliant states and
industry groups had justified their early legal action by
saying they have already started incurring costs in preparation for the anticipated final rule and that they will not be able to be compensated fully for costs if they waited to challenge the rule.
Industry observers
say the future is likely to bring a less rosy scenario for
coal and possibly for Peabody Energy as climate policies clamping down on emissions take hold.