Coal lobbyists are heading back to school in droves, and there’s one phrase they’re all learning…
Those still holding a job will be brushing up on their Mandarin. They don’t really have much of a choice in the matter, as long as they’re slowly being squeezed off of the U.S. energy platform.
When the EPA dropped a bomb earlier this week concerning limits on greenhouse gas emissions from new power plants, I can only imagine the anger it drew from the coal industry.
The new EPA proposal (which you can read in its entirety here) would require new power plants to emit no more than 1,000 lbs. of carbon dioxide per megawatt hour of produced electricity.
Clearly, they had one target in mind with the new regulation. Take a look at emissions from U.S. electricity generation:
As it stands now, coal plants put out nearly 1,800 lbs. of carbon dioxide per megawatt. For the record, that’s double the amount of natural gas plants.
The only good news the coal lobby can take home is that the EPA’s rule is for new power plants, not existing ones.
Rare Arrangement Lets Investors Profit as China Overpays for Gas
North America’s cracking into the Asian markets… with one hell of an entrance.
Over the next ten years, a small group of energy companies is sending up to 500 trillion cubic feet of natural gas overseas for a record profit.
In fact, the Chinese have agreed to deliver this small group of companies (and smart shareholders) payments four times larger than what they could ever charge here.
The full story — and details about how you could take advantage of it today — are all right here in your free report.
Taking this new ruling into account, you can bet the U.S. energy picture will inevitably change: