Word: coalings
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...impact is not the same as no impact. To release gas from a coal bed, each well must pump out large quantities of water--about 12,000 gal. a day--much of which has too high a sodium content to be used on the land. This water has to be stored in the large reservoirs that now punctuate the landscape. And the gas companies need pipes, roads, compressor stations and power lines to pump the gas out of the ground and into pipelines that run to Denver and Chicago. "It's a very complex mess, basically, and it is changing...
...coal-bed-methane boom took off so quickly and has generated so much money--in the region of $900 million in the past two years--that the state of Wyoming has imposed few regulations on the drillers. Most land-use agreements are made between gas companies and individual ranchers, and the companies offer immediate payment to pressure the ranchers to do deals without delay. "One well ain't worth much--you need a lot of wells, and the drillers move quickly," says Vernon Johnson, an oil and gas veteran who runs an energy-services partnership in Gillette. "Some...
...joke in Brazil that it is the nation of the future--and always will be. For decades the same has been said of the renewable-energy industry. Someday soon, its promoters kept promising, solar cells and wind turbines would produce electricity more cheaply than would traditional plants burning coal and oil and natural gas. There have been many false dawns, as fossil-fuel prices soared and then swooned. But the promised day appears finally to have arrived at, among other places, windswept hilltops in Texas and Colorado. On King Mountain, near McCamey, Texas, Renewable Energy Systems has teamed with Cielo...
...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...