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Killing the coal industry

January 23, 2013

Now that President Barack Obama has officially begun his second term, he is free to pursue some of the radical goals he considered, but backed away from due to public outcry during his first four......

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EarlyBird

Jan-31-13 9:30 AM

Obama is heavily invested in natural gas and has his eyes on the Naval Reserve in Wyoming. Wyoming produces great amounts of coal and electricity. The Naval Reserve natural gas field around Midwest WY. is capable of producing enough natural gas to fuel the existing mammoth coal fired electrical generating plants also near that area. Without a doubt gas does burn cleaner but we will never get away from creating CO2 especially with natural gas because CO2 is the main byproduct of burning natural gas. Just look at the outside vent on your furnace and you will see what comes from burning natural gas. This is just a stirring of the pot while waiting for some incentive to highlight other issues. The ND natural gas issues are much different because we don't have wells that produce mostly gas only. The natural gas we get here is always a varied amount from each well and needs to be compressed to transport it in any great amount.

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FrankG

Jan-25-13 5:24 AM

Ironically, Carbon Dioxide may soon become too valuable a commodity to release into the atmosphere as it can be used to enhance oil production in aging oil wells. CO2 from the Coal Gasification Plant near Beulah is being piped 200 miles to oil fields in Canada.

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ProgressiveLiberal

Jan-25-13 12:02 AM

I agree that the carbon tax is just another give away to Wall Street and is just another investment bubble waiting to bust. There is no such thing as CLEAN COAL, it is just an advertising pile of #$%^. Enforce the Sulfur Dioxide and Mercury EPA rules and the power companies will either clean up their smoke stack emissions, convert to natural gas, or go out of business. So be it and fine with me.

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TheDiogenist

Jan-24-13 6:00 PM

You've got the concerned parties' roles confused, MS. 'The financial elite' (moneyed folk who own things, like utilities) would be the ones most interested in avoiding a carbon tax. The theory behind the carbon tax is to incentivize lessening CO2 output at the production level; whether that entails upgrading to 'clean coal' or switching over to a different form of energy will depend on the scope of the incentive to do so. As it stands, the simplest (cheapest) thing for them is to keep on keeping on. Without being given a financial reason to do so, the power industry will not make any modernizations itself. If nothing else, added revenues from the tax could meanwhile be well-put towards paying off the deficit.

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locomotive

Jan-23-13 12:43 PM

"The financial elite want Obama to do the best job possible of fleecing the Great Unwashed. It means more money for them. And the fools who voted for Obama approve of his ridiculous policies that only pad the pocketbooks of the wealthy. You pay more."

Very interesting take, muleskinner. It reminds me of what many faithful Dem campaign supporters were saying would definitely happen under a Mitt Romney presidency, that the rich would get richer and the poor would get poorer, etc.

I remember many Dem posters telling us how "stupid" we would be if we chose to vote for Romney.

Well, if this IS true, and Pres. Obama is helping to prop up the financial elite, then his campaign was a lie.

Hmmm. I'd love to know if your theory holds water all the way through, muleskinner. On the surface, it makes sense to me.

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muleskinner

Jan-23-13 8:41 AM

The Minot Daily is doing the right thing exposing on Obama's energy policies. They just have to read between the lines. The hidden message is there. The truth is there somewhere.

Obama's energy policies are atrocious.

But then, from the vantage of the financial elite, carbon taxes and more regulated coal means more money, eventually, in the form of debt, which means the consumer will be saddled with more to pay, all of the time.

The financial elite want Obama to do the best job possible of fleecing the Great Unwashed. It means more money for them. And the fools who voted for Obama approve of his ridiculous policies that only pad the pocketbooks of the wealthy. You pay more.

That's why Obama is trying to kill coal. Not because you pay more, or it's bad for consumers, but Wall Street has more money flowing its way, to make more money.

Killing coal will do it.

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