Word: coaling
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Dates: during 1980-1989
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Lost amid the continuing turmoil is the SFC mandate to increase the U.S. energy supply. So far it has granted $120 million for the Cool Water Coal Gasification Project in the Mojave Desert and $620 million for a coal gasification project in Plaquemine, La. The agency has issued letters of intent to four other projects, including one for $365 million to Signal Energy Systems' Northern Peat Project in Maine and another for $790 million to the Great Plains Coal Gasification Project in North Dakota, which has received $2 billion in loan guarantees from the U.S. Energy Department. Energy Secretary...
...forever. Last week he formally teamed up with a people who have gone on forever, the Chinese. The 85-year-old chairman of Occidental Petroleum signed an agreement with the People's Republic for the largest Sino-U.S. deal yet: a $580 million venture to mine coal from a huge pit at Antaibao, 310 miles west of Peking...
...talent. China will put up another $240 million. The 30-year agreement calls for the Chinese eventually to take over management. Antaibao's 1.4 billion tons of proven reserves could make it the world's largest open-pit mine after production starts in 1987. Its high-grade coal will be sold to Pacific-basin countries, but low-quality coal will go to the domestic market...
...choice of such details is by no means infallible. At one point he cannot resist beginning to sketch a simplistic, two-toned play about a milk truck and a coal truck. Often, too, he is so ready to find himself guilty of every kind of moral inattention and to punish himself unsparingly that his soul searching comes to resemble breast beating. Yet Fugard's relentless self-scrutiny guards him from the traps of self-indulgence. "Do I pose?" he asks himself. "I don't think so-but I'm very given to tears...
...devoting subsidies to losing enterprises forever?" asked Mitterrand. The steel plan is part of an overall restructuring program designed to make France's heavy industry competitive by trimming excess capacity and modernizing production. The process could eliminate as many as 60,000 jobs by 1987 in the coal, automobile, shipbuilding and steel industries. "The future of France depends necessarily on the modernization of its industry," said the President. "Either France will be capable of facing up to international competition or it will be pulled down toward decline...