Welcome. We love coal. Beautiful clean coal. We want electric utilities to drop their foolhardy anti-coal political correctness so they can burn more coal to power our economy, raise our standard of living, secure our nation and set an example for the rest of the world. We own stock in electric utilities so we can advocate for coal as shareholders. You can help us buy stock and support our campaign for coal. You can also help out by giving us your proxy in electric utility stock you own. Check out ABOUT, MANIFESTO, ADVOCACY and PORTFOLIO to learn more about us. Come back regularly to check out our activities and take on the latest news, posted below. Check out media stories about us.
“New York’s plan to put the state’s last coal-fired power plants out of business hasn’t even been approved yet and electricity is already trading like they’re shut. The price of power in 2021 in New York City and other regions surged more than 30 percent beginning in May. The only major difference between then and now: a pending state rule to limit power-plant emissions that was designed to eliminate coal-burning power plants by the end of 2020.”
A group of prominent economists (i.e., former Federal Reserve heads, Treasury secretaries and Nobel Prize-winning economists) call for a carbon tax in today Wall Street Journal — aka Fossils Against Fossil Fuels. Anyway, check out the group of corporate rentseekers and virtue signalers that funded this effort.
US and (some) European utilities aside, the world is not burning less coal.
Sen. Joe Manchin’s mercury (MATS) rule excuse is lame. The rule accomplished nothing except to advance the (mostly illegal) Obama agenda — killing the coal industry & making electricity more expensive. Then again, Manchin never did do anything for coal during the Obama years. Here’s how dumb the MATS rule was.
Source: EENews.net (Subscription)
What could go wrong? What sane government would risk its national security by allowing the Communist Chinese to build unnecessarily expensive nuke plants, rather than sticking with affordable and reliable coal?
No one who knows anything about the climate debate and has a functioning brain supports a carbon tax. Even if you have fallen for the climate alarmist hoax, simple math shows a US carbon tax will accomplish Z-E-R-O. Whatever mojo Volker had in the 1980s is long gone. The three-headed Greenspan-Bernanke-Yellen monster, which never had any mojo to start with, combined to wreck the economy and irrevocably destroy (for the foreseeable future, anyway) the time value of money. Who could possibly care what they have to say? Note Exelon and ExxonMobil are behind this carbon tax nonsense. BURN MORE COAL has shareholder proposals sitting with both.