Word: coal
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Dates: during 2000-2009
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Given the work required, hobby farming sounds a bit like hobby coal mining, but it turns out there are a lot of amateur sodbusters like Bakshis and Zang. Which is one reason TSC, based in Nashville, Tenn., expects sales to increase to $2 billion this year. In 2004 profits rose 10%, though in April quarterly net income fell. The company blamed higher costs. The stock, which has roughly doubled since 2003, tumbled briefly but recovered. "We have zeroed in on hobby farmers," says chairman Joe Scarlett. TSC has revived itself by expanding into exurban areas where there's a deepening...
Only if they replace oil consumption. Building nuclear plants or wind farms to produce electricity, for example, won't add a barrel of oil to the world's supply because we generally don't use oil for electricity. Most electric-power plants run on coal or natural gas, another fossil fuel that will eventually peak, although later than oil will. Building more terminals to receive liquefied natural gas, as Bush has suggested, simply makes it easier for us to import more natural...
...Several days after traveling the uneven path, the President began his prime-time press conference with a few words about high gasoline prices--the same old words: No easy solution, drill more, expand the use of coal and nuclear and figure out ways to conserve. This perfunctory recitation was quickly forgotten as Bush turned to Social Security and proceeded to make some news. He proposed that the system be made solvent by reducing benefits on a sliding scale, according to income. This utterly responsible and progressive proposition was greeted by phony bleats of outrage from leading Democrats, who proved once...
...United States is the world’s largest emitter of carbon dioxide. With five percent of the world’s population, we account for 22 percent of emissions. Electricity generation, associated mainly with combustion of coal, accounts for 40 percent of US emissions. Transportation, fueled primarily by oil, is responsible for an additional 32 percent, with the balance due to a combination of home/office heating and cooling (11 percent) and various industrial processes (18 percent...
...mobilize the intellectual and entrepreneurial skills required to effect the transition from an unsustainable fossil fuel world to an environmentally friendlier alternative. It is a cruel hoax to pretend that global warming is not a problem, that Alaskan oil can reduce our dependence on the Middle East, that coal can be cleaned to the point where its environmental footprint is negligible, and that we can be isolated from the problems of poverty and environmental destruction in Africa. We live in an interconnected world. It is our god-given responsibility to ensure that its proper order is respected...