Morano on July 31, 2012: ‘Coal saved the whales by getting us whale oil. Coal cleaned up U.S. cities by getting us out of knee deep horse manure. In Africa it cleans up cities -people are not burning up wood & dung to survive’
Watch Morano on Fox Business News here.
Record number of coal-fired generators to be shut down in 2012: ‘Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA). A record-high 57 generators will shut down in 2012, representing 9 gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired…“The cost of compliance with anticipated and existing Federal environmental regulations such as the Mercury and Air Toxics Standards (MATS) is a factor,” the EIA noted. “Particularly in the case of older, smaller units that are not used heavily, owners may conclude it is more cost efficient to retire plants rather than make additional investments.”
Huge Power Blackout Highlights India’s Energy Crisis, Poor Infrastructure: A massive electrical power outage during the peak summer demand period threw more than 300 million people in the dark across northern India, including the capital, Delhi, creating chaos and disrupting railways, hospitals and other services such as water treatment plants…India’s over-reliance on a single firm for its fuel is a problem, especially considering this company has missed production targets by about 10 percent each year for the past three years,” he noted…“Furthermore, environmental restrictions have tightened over the last few years, leading to the closure of several coal mines. Concurrently, the private sector has boosted investment in the country’s power generation, increasing the demand for coal while supply remains low.”