Word: coaling
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Then there's coal. The Senate bill would authorize spending $200 million a year to study and develop "clean coal" technologies. But that's a substantial comedown from the billions spent in the 1970s and 1980s to encourage development of an industry that would turn coal into oil and synthetic gas, enabling the U.S. to dramatically curb imports. It never came about...
...years slipped by, Congress reversed course. Prodded by the Reagan Administration, lawmakers repealed the ban in 1987 and opened the door to construction of natural gas--guzzling power plants. Three years later, they amended the environmental rules to discourage the burning of coal--America's most plentiful fuel--to produce electricity. Predictably, the generation of electricity with natural gas, which had fallen 17% from 1979 to 1987, has shot up 151% since then, reaching a record 686 billion kW-h last year. Nearly a fifth of all U.S. electricity is now generated with natural...
...other country for the energy we need to provide our jobs, to heat our homes, and to keep our transportation moving." He advanced a catalog of energy proposals that covered everything from drilling on the outer continental shelf to building more nuclear power plants, from expanding the use of coal to conducting research on potential new sources. In the end it didn't work, and the U.S. failed to come close to his goal of energy independence. While the yearly numbers rose and fell, by 1980 net oil imports had increased 400,000 bbl. a day over...
...Imagine the conversation between VP Cheney and representatives of the coal industry...
...Coal rep: "The science is uncertain!" Cheney: "We'll be making tea by dipping Earl Grey in the Potomac before there's absolute certainty. When the threat is a potential calamity for the global food supply and economy, we have to act!" Coal rep: "Fixing the problem will bankrupt the American economy." Cheney: "Wrong, global warming will bankrupt the economy. Taking action will be the biggest stimulus since the end of WWII. Imagine the capital spending!" Coal rep: "OK, OK, but the transition will still cost money. How much is the Administration prepared to spend?" Cheney: "Will $3.9 billion...