Welcome to Coal Miner Exchange

Weekly Email Blasts
Monday/Friday - CoalZoom and Wednesday - Coal Miner Exchange


Trump is Helping U.S. Coal Industry

Don Lee of the L.A. Times in the Feb. 10 edition of The Morning Call wants us to believe that “Trump’s mostly failed policies on coal” have not helped the coal miner in West Virginia. Yet, in West Virginia a National Public Radio article cites “The biggest jump in employment in the coal industry was in West Virginia, where Mine Safety and Health Administration’s annual average found 1,429 more coal jobs in 2017, an 11% increase.

According to 2013 federal coal production data, West Virginia mined 112.8 million tons that year, the largest producer in the country. Pennsylvania was second with 54 million.

Photo: Kim Hairston, Baltimore Sun

One U.S. congressman from West Virginia, David McKinley, the chairman of the Congressional Coal Caucus, was quick to declare that “Trump has ended the war on coal” — one he said had been created by President Barack Obama. This was in Trump’s first year in office.

To continue reading, click here to view the full article on CoalZoom.com.

CoalZoom.com - Your Foremost Source for Coal News.  

US Bill to Expand Tax Credit for Carbon Capture Projects

A bill introduced in the US House of Representatives Wednesday would eliminate the project construction deadline for the Section 45Q carbon capture tax credit as well as increase the credit amount for direct air capture facilities.

The Section 45Q tax credit currently requires projects to begin construction before January 1, 2024, to be eligible for the credit, which was created by the Budget Act of 2018 to incentivize carbon capture and removal technology deployment.

"This is very positive for the industry," said Claude Letourneau, president and CEO of Svante, a Vancouver-based carbon capture technology company. "The cycle of getting these projects approved is quite long, so this is quite significant."

The bill also increases the tax credit for direct air capture technology to $62.50/mt from $50/mt for geologic sequestration, and to $43.75/mt from $35/mt for sequestration through enhanced oil recovery or other beneficial use.

Brad Crabtree, the director of the Carbon Capture Coalition, which has promoted such legislation, said direct air capture, or DAC, technology is relatively young and would benefit from increased investment. He drew a parallel to the policy incentives that helped drive efficiency improvements and lower system costs for wind and solar technology.

To continue reading, click here to view the full article on CoalZoom.com. 

CoalZoom.com - Your Foremost Source for Coal News.  


The Case for Carbon Capture Has Never Been Stronger

The U.S. Energy Information Administration’s 2019 International Energy Outlook projects that global energy consumption will increase 50 percent by 2050. Electricity consumption is expected to jump an even more staggering 79 percent.

Should electrification take off – as many experts expect it will – and there is a decisive shift to electric vehicles, as well as greater use of electricity for heating and industrial purposes, electricity demand could grow even faster than what is projected here. As seemingly aggressive as this outlook may appear, it could easily prove far too conservative.

This reality – one of an almost unquenchable thirst for energy – underscores the fact that we need an all-hands-on-deck approach to meeting energy demand while simultaneously reducing emissions. Existing technologies will play a critical role but innovations just over the horizon are likely to prove far more important.

Fossil fuels currently meet 80 percent of the world’s energy demand and will remain irreplaceable for the foreseeable future. While their share of the energy pie may shrink in the years ahead, their overall consumption is expected to grow. We are firmly in the era of energy addition, not energy transition. Globally, the great renewables buildout is coming on top of existing energy infrastructure, not in place of it. That’s a fact that should shape energy and climate policy. Unfortunately, for too many climate hawks, that’s science they would prefer to ignore.

While Green New Dealers are spinning yarns about an all-renewable energy future, it’s not going to happen. Renewables are essential to helping meet growing global energy demand, but they’re no silver bullet. The challenge of meeting soaring energy demand while simultaneously reducing emissions begs for breakthroughs in technologies that can reduce emissions from the energy infrastructure the world currently has and from the fuels it currently uses. It also begs for U.S. leadership in achieving those breakthroughs. The case for a U.S.-led moon-shot effort on carbon capture and utilization has never been stronger.

To continue reading, click here to view the full article on CoalZoom.com. 

CoalZoom.com - Your Foremost Source for Coal News.


Markets Must Better Value Flexible, Dispatchable Coal Power

How valuable is a kilowatt hour of electricity? That, of course, depends greatly on when that electricity is produced and just how much it’s needed. Consider the gulf in value of excess electricity generated by solar power midday and the electricity produced by a coal plant when demand is spiking and intermittent sources of power are handcuffed by uncooperative weather. While the solar generation stresses the integrity of the grid, the power produced by the coal plant reinforces it.

When it comes to electricity, certainty should carry a premium over uncertainty. And yet, most electricity markets lack the tools to properly compensate coal’s market balancing attributes. It’s a problem now coming to a head – with huge affordability and reliability repercussions – as much of the remaining coal fleet is caught in an ugly catch-22.

As wind and solar penetration has grown in regional grids, many coal plants are no-longer running around-the-clock as designed. They are instead load-following, cycling their output up and down to accommodate the peaks and valleys of intermittent renewable generation. This increased cycling means these plants are running less but the wear and tear on them is increasing. At the very moment the cost of their maintenance and upkeep is rising, they’re selling less power. Their profitability is declining and like far too many coal plants before them, they are now teetering on the edge of early retirement.

To continue reading, click here to view the full article on CoalZoom.com.

CoalZoom.com - Your Foremost Source for Coal News.


Climate Polling at the Bottom

Radical climate rhetoric is at fever pitch but people aren't buying it.

Americans polled by Pew Research placed climate change second to last out of 18 public policy priorities.

"What we have here is a failure to communicate."

Marc Morano has detailed coverage at CFACT's Climate Depot.

Constant media bombardment using rhetoric ratcheted up beyond the extreme has failed to make climate change the winning issue the Left and their rent-seeking cronies banked their hopes on.

Maybe abandoning science and "crying wolf" at the top of their lungs wasn't so smart after all.

All will be made clear when you, your friends and thousands of others join us at over 720 theaters across the United States to watch CFACT's new movie Climate Hustle 2: Rise of the Monarchy on Tuesday, April 21st.

Watch the latest trailer at CFACT.org.  TV's Hercules Kevin Sorbo: "The climate change agenda is based on control of our economies, our schools, and even our way of life." 

To continue reading, click here to view the full article on CoalZoom.com.

CoalZoom.com - Your Foremost Source for Coal News


Major Coal Companies