The country is also predicted to drive global
demand for coal in the decades to come.
The cooling water used
for the coal plant can also be used for cooling the geothermal plant.
This is because the first impact of substituting wood
for coal in power generation is an increase in CO2 emissions.
We'll be trading away those jobs, tourism, restaurant industry
for coal mine jobs for people flown in from out of state.
The daily and seasonal consumption patterns don't allow
for an all coal power plant infrastructure to output 24/7 at their rated capacity.
Since 2005, the substitution of natural
gas for coal as well as increases in renewable and nuclear generation helped to reduce these emissions.
It's also hard to find serious political
support for coal outside of a handful of coal states.
Now it is time for the rest of the world's richest countries to commit to end
financing for coal and instead use their investments to support clean energy.
These include the ones initiated just this week that call
for coal companies to mitigate and even eliminate water contamination near mines.
It will very likely
work for coal, but at a cost, which has to be balanced with reduced efficiency and savings in reduced CO2 emissions.
As indicated above, if gas can set the
standard for coal, then wind and solar can set the standard for gas.
The viability of an environmentally sustainable
future for coal is questionable, and so is the industry's commitment to cleaning itself up.
Between 2007 and 2013 public financial institutions provided at least $ 51 billion in funding
for coal projects abroad.
However, higher
costs for coal shift the cost consideration for NEW projects and plants.
Last year was a good
year for coal, with prices finally recovering.
For coal miners nearing retirement age, a transition plan could make support payments available until they are eligible to receive their pensions.
Lack of federal oversight is still the case
for coal ash, the toxic substance that remains after coal is burned.
Moreover, it is a call to dry up all financial
funding for the coal industry and take serious steps for climate protection.
Those who wanted to see a greater
role for coal were more likely to be from less well - off and educated groups; and more were from African - American and Latino backgrounds.
But as gas prices have risen in recent months, so has demand
for coal for power generation.
The emission
factors for coal consumption involving combustion are based on the assumption that all of the carbon in coal is converted to carbon dioxide during combustion.
So, the frequency of severe accidents that causes 30 or more early fatalities is 15 times greater
for coal generation than for nuclear generation.
The
outlook for coal doesn't look much better to investors than it does to credit ratings agencies.
That policy rules out providing
loans for coal plants above a certain emissions intensity.
A full portfolio would most notably include expanded nuclear power and widespread carbon capture and
storage for coal and natural gas.
They also reflect historic
lows for coal - fired generation, driven by changes in wholesale energy markets and the carbon price floor.
As demand increases towards its summer peak level, the utilization
rates for both coal - and natural gas - fired units tend to rise.
And all (or nearly all) of the greenhouse gas would need to be
captured for a coal - fired power plant to be climate - friendly.
The venture has been repeatedly delayed over several years amid changing state
regulations for coal seam gas and a lack of capital to move forward after the collapse in oil prices.
The study also compares the
figures for coal, petroleum, and natural gas power plants.
There is impact on some power plants in terms of cycling and capacity factors,
particularly for coal generators.
For one it doesn't cover nuclear energy, though it does count businesses involved in natural gas production and carbon capture and storage
systems for coal plants.
The reason is because while the rule would keep nuclear plants producing power, it wouldn't necessarily do the
same for coal plants.