Word: coal
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Dates: during 2000-2009
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This sort of unintended consequence is one of the classic arguments against trade protection. Consider that if the U.S. blocks steel imports from Brazil, that country could retaliate with duties on its imports of U.S. coal, throwing West Virginia miners out of work. Higher domestic steel prices could also push users to move their factories overseas; finished goods would then be exported to the U.S., circumventing tariffs on raw steel products. "My company will be at a competitive disadvantage," says Gary Hill, president of National Metalwares in Aurora, Ill. Hill's firm, small and privately held, makes school furniture...
...more production and more deregulation - oh, and for the personally virtuous, more conservation. There was indisputably more for business than for the environment in proposals to drill the Alasksan National Wildlife Reserve (ANWR) and to store nuclear waste at Yucca Mountain. An unapologetic Bush was not going to curb coal, oil or nuclear energy - at least until he won West Virginia again...
...better at shouting than at passing legislation, however, and with the Democrats toting around a bill of their own - one that's expected to attract 200 amendments - well, there's just so much to fight about. ANWR and Yucca, CAFE standards and fuel cells. Should we subsidize coal to help make it cleaner, or subsidize cleaner energy? Give more tax breaks for producers, or for conservers? What about ethanol? And of course there's the deregulation fight, and the very NIMBYist issue of transmission-grid siting, which brings us back to Enron and California all over again...
Another company that had entree to the Cheney task force was Peabody Energy, a coal behemoth whose holding company and top officer have given nearly $200,000 to the President and his party since Bush took office, including $25,000 for the May gala. Sources say Peabody chairman Irl Engelhardt and other energy executives met in March with two task-force members, Energy Secretary Spencer Abraham and Bush economic adviser Larry Lindsey. Cheney's group also heard in March from officials from the nuclear-energy industry--whose trade association, the Nuclear Energy Institute, contributed $100,000 to the Bush event...
...late June 1999 under NATO bombardment and peacekeeping forces arrived to establish a U.N. administration, Serbs who had been expelled from other parts of Kosovo made a last stand in the city. Mitrovica, which lies only two dozen kilometers from Serbia, is highly prized because of its massive Trepca coal mine. Clashes between Albanians and Serbs have left dozens killed and many more wounded. Former U.N. Ambassador Richard Holbrooke once called Mitrovica "the most dangerous place in Europe." In many ways, it still...