Word: coal
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Dates: during 2000-2009
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...largest hydropower project. In 1993, amid a frenzy of bureaucratic belt tightening, China eliminated its Ministry of Energy, leaving power policy scattered among various, largely uncoordinated entities. Then, in 1998, after a brief oversupply of electricity following the Asian financial crisis, Beijing issued a moratorium on the construction of coal-fueled power plants for three years. While demand for power leaped?electricity consumption grew by 10.5% in 2002, up from 2.6% in 1998?increases in electricity-generation capacity slowed from an 8.4% growth rate in 1998 to 4.4% in 2002. "China underestimated its power demand quite dramatically," says Pierre...
...believe that if China maintains growth rates of 6-8% that all of a sudden these shortages will disappear overnight in 2006," says Joseph Jacobelli, a Hong Kong-based regional utilities analyst for Merrill Lynch. Moreover, most of China's capacity expansion will come in the form of coal-fired power plants, which, aside from their noxious environmental impact, suffer from crippling supply problems. (The mainland is also aggressively expanding the amount of energy produced by its nuclear power plants from 4,468 megawatts in 2002 to an estimated 36,000 megawatts in 2020, but this energy source is still...
ENERGY Kerry would push for tougher emissions standards, which would hurt coal companies like Massey Energy and coal-burning utilities like Southern and FirstEnergy. "Alternative energy sources [Vesta Wind Systems, Tetra Tech] would benefit," says Greg Valliere, Washington strategist at Schwab. Bush's willingness to expand oil drilling in Alaska might help BP and Nabors Industries...
...hydrocarbon era before we get to 2100. We'll phase in other forms of energy by 2050. We've got to use hydrogen someplace in there. For the short term, we've got to use more of our coal reserves in the U.S., and I would suppose we'll go back to looking seriously at nuclear...
...about popularity; performance is about personality. And an Idol contestant who gets over on charm or a touching story is in good company. Singers have always used biography, real or concocted, to bond with their audience: Robert Johnson selling his soul to the devil, Loretta Lynn growing up a coal miner's daughter. (If only Sid and Nancy had a reality show.) Who a singer is and how he or she lived don't just drive the audience's interest but, at best, inform the performance. In Porgy and Bess, for instance, Clara sings Summertime to her baby during...