Yeah, we NEED new coal plants. You can’t bankrupt one segment of an industry without damaging the whole thing. It’s like chopping off your arm because you don’t like your fingernails...
So the old Coal industry is going to be grandfathered in with Obama, only new coal plants will be punished? Does this make sense?
I mean we need the old plants too...
Others call the growing resistance to coal power worrying.
“It is a crisis for us because what we are not really focusing on is: Where is the electricity we need for the next 50 years going to come from?” said Gregory Boyce, chairman of Peabody Energy, at a “clean tech” conference recently in Palm Springs, Calif. “We view it as short-term and very unfortunate because we need to continue to build these new coal plants that are at least 15 to 20 percent more carbon-efficient than the plants they replace while we continue to work on technologies for the next generation of plants that are carbon-capture ready or that capture carbon and store it.”
With US energy demand growing about 1.2 percent a year, big utilities must get energy from somewhere.
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Some in the power industry also say gas-fired turbines are less reliable when used for “base load” power the turbines that spin day and night and not just for peak loads.
“There’s a serious crunch with respect to having enough generating capacity coming in the next 10 years,” says Rick Sergel, chief executive officer of North American Electric Reliability Corp., which serves the federal government as chief overseer of the US electric grid. “If coal doesn’t play its role, it’s going to be a major issue.”
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“If they don’t start building coal plants, it’s going to be an economic prosperity problem for the country,” says Richard Storm, CEO of Storm Technologies, an Albemarle, N.C., company that specializes in optimizing coal-fired power plants. “We need coal. Coal is a national treasure.”
Help me out — I sent this to an 0bama supporter I know in Illinois and he pointed out that 0bama says “new coal plant” and that it won’t affect the current coal industry.
Give me something I can hit him back with!”
We are in a growing population. There have to be new sources of electricity just for that.
The whole world is pushing electric cars. If there are no new sources of electricity, then what is going to happen? You have to trade operating your washer or refrigerator to get your car recharged so it can go 15 miles?
In addition to the normal birth rate of American citizens, we have somewhere near 50 million illegal intruders.
Does anyone think for a minute that they don’t use electricity???
The plants that are in operation are at or very near capacity. If even an existing plant want to expand, Nobama will tax them out of business.
I swear- Nobama is Muslim and wants us all back into the 7th Century.
Don’t think he knows he cannot fly all over the country on a donkey, tho.
Ask him where they’re going to sell their coal?