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Battle lines are drawn in Congress over clean coal and natural gas energy

Right now coal is still king. Coal provides 50% of the electricity production for the U.S. while natural gas provides about 20% of that production.

Now, however, with an energy bill in Congress, the battle lines are being drawn between the coal and natural gas companies. Each side is marshaling an army of lobbyists to descend upon Congress. Each side will make pitches to Congress to gain favor for their companies.

Continue reading Battle lines are drawn in Congress over clean coal and natural gas energy

What are Obama's proposals for capping greenhouse gasses?

The Obama administration wants to sell pollution permits to businesses and use about 80% of the income for tax cuts for middle class Americans. It is estimated that revenues from the permits would generate about $650 billion.

As you can imagine, there is a vigorous debate between Congress and the businesses who would need these permits. The strongest opposition comes from utility companies, which are the largest group of carbon dioxide polluters in the country. In 2007, for example, U.S. utility companies released 2.4 billion tons of carbon dioxide, mainly from the use of coal.

Continue reading What are Obama's proposals for capping greenhouse gasses?

China seeks to cap and trade the American consumer

chinese flagHere's the tip: It might be time to pull investments from Chinese manufacturing and export interests.

According to an Associated Press report, which features some mind numbing quotes from Li Gao, China's chief climate negotiator, it may soon become far more economically practical to manufacture products here, at home, in the good old USA.

It seems that the obviously arrogant Mr. Gao, and the communist nation that he represents, have decided that we, consumers, should bear the brunt of the expense for that nation's carbon emission load. The logic used to back this assertion, while certainly passing as logic, serves as nothing more than a spotlight on the fundamentally flawed "cap and trade" carbon emissions boondoggle that is slowly unfolding.

Continue reading China seeks to cap and trade the American consumer

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Last updated: November 28, 2009: 01:37 AM

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