Word: coal
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Dates: during 2000-2009
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...home heating oil for $1.60 per gal., in place of today's $2.39. But a select group of investors and companies will walk away with billions of dollars in tax subsidies, not from oil but from the marketing of a dubious concoction of synthetic fuel produced from coal and dependent on government tax credits tied to the price...
...dialed down the thermostats in homes and apartments so they could afford to pay their utility bills. In 1980, Congress enacted tax incentives that were designed to spur the development of a synthetic-fuel industry. The goal was to build huge plants using new technologies that would transform raw coal, which the U.S. has in abundance, into synthetic natural gas and oil to heat homes and factories, power cars and--here comes the ever popular bromide--reduce U.S. dependence on foreign oil. As then House majority leader Jim Wright, a Texas Democrat, put it at the time, "[This] will show...
...prices fell, Washington lost interest in creating a real synfuel industry, and the grand projects to promote energy independence came to nothing. But the synfuel credit remained on the books, dormant, until a group of enterprising entrepreneurs came across it in the 1990s and saw a way to transform coal into gold...
...this trip then at some point. Right now India gets only 3 percent of its energy from nuclear power, and it hopes that figure will rise to as much as 25 percent by 2050 - both to reduce its energy imports and to limit the use of its own coal supplies, which are highly polluting. The U.S. wants to be part of India?s nuclear growth and to see it take place under international oversight...
...usually) tantalizing aroma of chocolate that wafts over Chicago, is a beloved local institution. So when the EPA responded to an anonymous complaint by telling the factory to eliminate the smell, it provoked a storm of protest from residents of the Windy City. The fact that six coal-fired power plants in the area have racked up more than 7,600 uncited violations since 1999 only further fueled their outrage...