Word: coal
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...unions say that since the start of the year, food prices have risen 7.9%, electricity 20%, gas 50% and coal for heating 59%. The consumer price inflation rose 5.46% year-on-year in September. They say the government is still offering businesses "expensive gifts" like tax relief to foreign investors, but it has done nothing to relieve creeping living prices. Union demands include for higher minimum wages, a VAT cut on energy bills, and lower income taxes...
...hard to imagine electric cars solving the serious pollution problems in China or in electricity-starved Africa. More than 90% of China's power comes from overstretched coal-burning stations. "You could end up substituting CO2 emissions from a tail pipe with CO2 emissions from a power station," says Morsing. "If you cannot produce alternative energy, the whole idea of electric cars falls apart." In the end, governments will have to decide what is more urgent: cutting imports from the Middle East or cleaning up the planet...
There are five key components to Exelon’s plan: enact mandatory climate legislation in the form of a cap and trade policy very soon, enhance energy efficiency, encourage renewables with tax credits, fund research and development in coal and carbon recapture, and stay true to competitive markets...
...particular, Rowe said he strongly favored expansion of nuclear and energy efficiency technologies berating other utility companies’ unrelenting commitment to coal as “low-class...
...week, or sometimes just a few days, seems to go by without Biden committing a new, very memorable gaffe on the campaign trail. Since Obama selected him in late August, he has affronted Ohio voters with disapproving comments about building new coal plants; raised eyebrows by remarking how "attractive" Palin is; made a widely ridiculed remark about President Franklin Roosevelt addressing the nation on television during the 1929 stock market crash (Roosevelt, of course, was not President then, and TV didn't even exist); contradicted his own running mate on the wisdom of the government bailout of AIG; colorfully confronted...