Tag Archive | "coal"

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Full details at Coalfinger.com. Sign up now to help defeat the Coal Menace.

Posted in News

Coal death watch map

From Earth2tech, who has more on utilities switching to anything but coal.

Posted in News

George Monbiot, longtime nuclear foe, now reluctantly endorses it

Why? Because coal must be stopped if we are to halt global warming.

Posted in Climate change

You can’t go forward by going backward

The New York Times today reports that Europe, which will meet its Kyoto obligations by purchasing pollution credits from other countries, is turning back to coal. Europe will construct 50 new coal plants over the next few years (that’s about what China constructs in six months).

Yikes. Just when the planet needs less carbon in the air, countries are ramping up and building new coal plants. Coal is about the dirtiest, most environmentally destructive ways to generate energy, with a sole advantage being that it is cheap.

But it’s only cheap in the short-term. Long-term, the price is way too high to pay.

Posted in News

Burning the future. Coal in America


Burning The Future: Coal in America – Trailer from coalmovie on Vimeo.

Burning the Future: Coal in America, a brutally honest documentary film, examines explosive forces that have set in motion a groundswell of conflict between the Coal Industry and residents of West Virginia. Our heros demonstrate strength of character in their fight to arouse the nation’s help in protecting their mountains, saving their families, and preserving their way of life.

Website. Blog.

Posted in Climate change

Coal power and nuclear power

coal
The Oil Drum points out that while coal is falling into disfavor in the US, it is widely used by developing countries because it is freely available and cheap.

The reality is that many of the nations that are switching to coal to provide the power for the next 20 years or more are doing so in part to bring their people closer to the living standard of the West. When villages have no power, we do not have the right to tell their government that they cannot provide it, even if coal is the only power source available.

If we don’t want hundreds if not thousands of new coal plants in the coming decades then alternatives need to be planned for now. Renewables like wind, solar, hydro, and wave can certainly play major roles, as can an emphasis on smart electronics and appliances that conserve energy. But what if spent nuclear rods could be reused? GE thinks this is economically feasible and is working on it. And yes, only a deep-pockets company like GE can fund something like this.

The market opportunity to recover the vast amount of useful energy in spent nuclear fuel remains available if a firm, such as General Electric, can develop the technologies to safety recover it without the environmental issues associated with aqueous recycling methods.

Maybe one day the government will be funding research into cleantech and cheap power. The fast developing Third World will be requiring vast amounts of power, and they will do it either with cleantech or with coal. If the developed countries make the right choices now and provide the technology for developing countries to produce clean power at a reasonable cost, then they won’t have to use coal. If not, then they have little or no choice.

Posted in Energy conservation

Banking giants develop ‘The Carbon Principles’

Three of the world’s biggest banks have drafted the framework for assessing carbon risks in the financing of coal-fired power plant projects.

Clearly, they don’t want to fund a coal project then have it blow up in their faces some years down the line due to increased carbon emission regulation. While they’re doing it to protect themselves, such a stance would have been unthinkable just a year or two ago. It also signals a major warning for big coal. The investment banks are no longer particularly interested in funding coal. And they get it about renewables.

Under the principles, financial institutions will encourage energy efficiency for potential clients, as well as cost-effective renewable energy projects. The principles also call for banks to promote carbon capture and storage technologies.

This also means investment banks are now interested in funding renewables. Good. May they forget the CDOs and SIVs that benefited few and created nothing except pain and instead invest in something that benefits everyone.

Posted in Renewable energy

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