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Tuesday, June 10, 2014

New Carbon Rule Causes Concern in Some States

In Coal Country, Skepticism, Worries Over New Carbon Rule from Essential Pittsburgh
"One in five jobs in Greene County are related to the coal industry, according to census numbers. And those jobs could be threatened: by the EPA’s own calculations Appalachian coal production could decline by more than 30 percent under the new rule."

1 comment:

Anonymous said...

From Wiki Dictionary:
adjective: fungible
(of goods contracted for without an individual specimen being specified) able to replace or be replaced by another identical item; mutually interchangeable.

Coal accounts for nearly a third of the total of fossil fuel used in the world, and there exists no substitute. Natural gas produced from shale will be needed to replace dwindling sources from older conventional gas wells, in addition to providing transportation fuel and petrochemical feedstock. In fact, you can predict that the export of natural gas from America will be viewed as a mistake just about when it commences. But the key to understanding coal requires an appraisal of the colossal and ever growing demand for energy in the developing world. Renewables account for about 1% of world energy production, and this could reasonably be doubled, or with a herculean effort, even tripled to 3%, within a decade or so. That leaves about 27% of world energy that will need to be met by coal. Of course, these figures are based on current usage, in reality; coal will need to pick up some of the slack from a disproportionately greater demand for oil. Now given that America holds about 30% of the world’s coal resources, it’s safe to say that American miners will as busy as the guys building the new sea walls around Manhattan.