Word: coal
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Dates: during 2000-2009
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...House bill currently includes $33.5 billion in tax breaks and other incentives for the power industry aimed at increasing oil and gas exploration, developing new coal-burning technologies and promoting nuclear energy. Politically and substantively, the funds for conservation and alternative energy sources remain the afterthought rather than the centerpiece. Daschle?s version will doubtless reverse that proportion, betting that by the time summer is past and the Senate digs into energy this fall, public opinion will be in his favor...
...believe human life begins at conception. But you don't have to believe that to be apprehensive that stem-cell research may legitimize the mechanization of life, the making of the human fetus into the ultimate guinea pig. People are horrified when a virgin hill is strip-mined for coal; how can they be unmoved when a human embryo is created solely to be strip-mined for its parts...
...Then tell them all to stuff Kyoto, and announce your firm intention to intention to wean America off coal in ten years, natural gas in 20, and oil in 25. (Let the current nukes die of natural causes.) Corporate tax breaks will be handed out according to cleanliness by the EPA; personal ones for conservation by the DOE. Subsidies will be generously provided so that Big Coal, Big Gas and eventually Big Oil can die a humane death by diversification...
...thanks to citizen commitment and government subsidies far more generous than those available to U.S. firms. A greater advantage for the foreign firms, however, is the higher price charged in their home countries for electricity generated by fossil fuels. Governments in Europe and Japan heavily tax oil, gas and coal to capture some of the hidden costs--from pollution and global warming to vehicular traffic--of consuming it. In the U.S., solar and wind energy have looked less attractive--at least until recently when fuel-generated electricity prices spiked for some customers in California to more than 25[cents...
While the Bush Administration's energy policy tilts toward traditional oil and coal interests, many renewable-energy entrepreneurs believe that global political and market forces are now on their side--and that their technologies have developed to the point where they can win, even on a playing field that is canted against them. Joseph Mahler, chief financial officer of FuelCell Energy, a Danbury, Conn., firm that builds relatively small but highly efficient and pollution-free power plants, says his factories are expanding production rapidly. Many buyers fear California-style blackouts, and he worries more about meeting demand than about whether...