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.
“Almost everyone can make false and misleading statements with virtual impunity, except if you are the CEO of a publicly-owned company.”
“China’s energy regulator gave the go-ahead to build 141 million tonnes of new annual coal production capacity from January to June, compared to 25 million tonnes over the whole of last year… The research unit of the China State Grid Corporation last month forecast that total coal-fired capacity would peak at 1,230-1,350 gigawatts (GW), which would mean an increase of about 200-300 GW… A study published earlier this year also suggested China’s targets would allow the construction of another 290 GW of coal-fired capacity in the coming years. ”
A growing population makes for higher demand than Indian mines can produce.
I was at first saddened to read today that the Sierra Club had successfully harassed another weak-minded coal utility CEO into the early shuttering of a 1.3 GW coal plant in Indiana. But a short while later, I could only laugh out loud.
“We can consider phasing out the federal coal program in a reasonable, thoughtful way that protects workers, guarantees mine cleanup and addresses climate change.”
Source: E&E News ($)
“As a percentage of Japan’s generation units, Japan’s gas-fired power capacity is nearly double that of coal. But utilities rely more on coal as a so-called baseload source, providing a continuous supply of electricity, while gas units are typically ramped up quickly to meet surges in demand… Coal power is expected to provide 285.7 billion kilowatt hours (kWh) of electricity in the year through March 2020, an increase of 3.3% over the previous twelve months, according to supply plans submitted by utilities and generators to the government and published by Japan’s power grid monitor.”