Boliden closing in on deal for Lundin’s European mines
A deal would cement Boliden’s position as one of Europe’s biggest producers of zinc.
Bloomberg reports the American Coalition for Clean Coal Electricity is tapping the great American sport of NASCAR racing in a bid to win popular support for the coal industry:
“Last month it announced it would sponsor Dale Earnhardt Jr.’s JR Motorsports team. An 18-wheel, mobile classroom will also be featured at NASCAR events to showcase the benefits of the fossil fuel, said Miller, the group’s spokeswoman, in an interview.”
The American Energy Alliance is also spending $3.6 million targeting President Obama on gasoline prices. Coal-focused political action committees (PACs) have spent over $5 million on political donations with about 87% going to Republicans, according to the Center for Responsive Politics quoted by Bloomberg.
Big Coal’s efforts to shore up support for the industry comes as the coal sector is under increasing pressure from cheaper natural gas, as well as more regulation and government plans to phase out coal-fired power plants. Coal once accounted for over half of the country’s electricity but has now slipped to just over 40%.
The issue is getting political, with Republican frontrunner Mitt Romney saying he supports coal and accusing President Obama of making it “harder to mine for coal” through EPA rules such as the first-ever limits on mercury emissions and restrictions on mountaintop mining. Obama has courted no favour amongst the industry for omitting mention of coal during his State of the Union address and during a four-state tour, Bloomberg noted.
2 Comments
Wes Williams
NEW — CLEAN COAL beneficiation technology, New Altra Fine Grinding and Impurities Removal Proesses. Removes Ash, Mercury, sulfer, etc. From Coal. This is done pre- combustion. Learn more. WAW Contracting Inc. (Manta) or chat by Face book Wesley Williams new page.
Not Many People Have heard of this new technolog. The exclusive North American Rights signed Feb. 22, 2012…. I would like to see 1- coal co.1- steel co. 1- power co. 1- Mining co.
step forward an check this out. That is alI I am asking. I am the Colorado connection for this new equipment and I want to hear from some of you people who are in the mining business.
This new equipment will also clean up toxic waste dumps, mine and mill Tailing’s with no emissions, no chemcals and no ground water contamination. That’s right, it is NEW.
WHO AM I ? Nevadavillewes.com Just a little old gold prospector located in The Richest SQ. Mile on Earth. Central City Mining District. CO.
W. A. Williams Posted 5/7/212
PS >- – – — > 5 Million will clean a lot of coal.
Coal-focused political action committees (PACs) have spent over $5 million on political donations with about 87% going to Republicans, according to the Center for Responsive Politics quoted by Bloomberg.
Big Coal’s efforts to shore up support for the industry comes as the coal sector is under increasing pressure from cheaper natural gas, as well as more regulation and government plans to phase out coal-fired power plants. Coal once accounted for over half of the country’s electricity but has now slipped to just over 40%.
The issue is getting political, with Republican frontrunner Mitt Romney saying he supports coal and accusing President Obama of making it “harder to mine for coal” through EPA rules such as the first-ever limits on mercury emissions and restrictions on mountaintop mining. Obama has courted no favour amongst the industry for omitting mention of coal during his State of the Union address and during a four-state tour, Bloomberg noted.
Neo-neo
Does Mr. William’s piece fall into the catagory of “comment”? Looks pretty much like an advertisement to me… to be taken with several grains of salt. The coal racket has been running this kind of “clean coal” hype for, ho-hum, how long? It’s not so much what technology they can muster, —cleaning up emissions is chemistry 101—, it’s the fact that they won’t use it, when there’s a bottom line to consider, this industry will b.s. first, and if that doesn’t work, they will steam-roller anybody in their path. Beware the smile on the face of the tiger.