Is Obama’s New EPA Attack On Coal Another Bow To China?

Energy and Capital (images are being blocked)


Gas Explosion Hits U.S.
By Keith Kohl | Tuesday, April 3rd, 2012

Keith Kohl

Coal lobbyists are heading back to school in droves, and there’s one phrase they’re all learning…

Ni hao.

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:

u.s. emissions from electrical 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.

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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:

u.s. energy 4-3

 

Read rest of article here

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6 thoughts on “Is Obama’s New EPA Attack On Coal Another Bow To China?

  1. Between this and Biden’s comments on Russia, a major gas giant and an oil player, one has to wonder how deep the foreign subversion runs in this country. I will try to think of this as a lead to investigate the origins of the environmental movement in the 1970s, detente, Reagan’s reaction to European oil dependency, etc. The resurgence of the green movement in the 1990s, right as the USSR formally dissolved, is also highly suspicious. This was followed shortly by China’s granting of MFN status under Clinton. Stuff to chew on.

    • Apologies for not putting link to rest of article. It’s up now.

      Yes Rogue. I am convinced that the wacky environ-Mental movement (not to be confused with good stewardship of the earth) has at least communist origins and likely now Islamic backers for obvious reasons. No doubt the EPA is awash in these oily players.

    • Just came across your TexasOrBust interview on Youtube. Listening to it now.

      Now I see your interest. If I come across any useful info I will forward it to you. But, as you already know, finding reliable info is more difficult than finding unicorns, either because there’s simply nothing behind our concerns…. or there is something.

  2. Pingback: Return of the Living Dead: Environmentalism by Other Means

  3. Pingback: Return of the Living Dead: Environmentalism by Other Means … | The Environmentalism.org

  4. Pingback: Return of the Living Dead: Environmentalism by Other Means … | theenvironmentalisms.org

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