war on coal

Fri, 2013-12-06 11:57Farron Cousins
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U.S. Chamber Of Commerce Backing Mitch McConnell, Other Coal Candidates In 2014

Republican Senate minority leader Mitch McConnell is facing an uphill battle for reelection in next year’s midterms.  But luckily for McConnell, his powerful allies in the dirty energy industry have deep pockets and are willing to shower his campaign with cash to help increase his chances of victory.

Over the last year, McConnell has been described as “the most unpopular Senator,” and in the last few months his approval rating has fallen to the mid-30’s.  He is currently trailing Democratic opponent Alison Lundergan Grimes by 2 percentage points in polls. 

McConnell’s allies in the business community, specifically the U.S. Chamber of Commerce, released an ad earlier this week touting McConnell’s commitment to the coal industry, and attacking the so-called “war on coal” coming from the Obama Administration.  Here is the ad:

According to 350.org, the U.S. Chamber of Commerce is funded, at least in part, by a number of dirty energy companies.  This helps explain their willingness to use the “war on coal” as a tool to aid in McConnell’s reelection.

Sun, 2013-08-11 14:03Farron Cousins
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Kentucky Lawmakers Still Fighting Nonexistent War On Coal

Even the coal industry itself has conceded that there is no “war on coal”, but lawmakers in the coal-dependent state of Kentucky are still fighting this imaginary battle.

In the wake of President Obama’s speech earlier this summer where he discussed the need to reduce our dependence on coal and work on ways to control coal plant pollution, a bi-partisan group of lawmakers in Kentucky sent a letter to the president last week, warning him that his “war on coal” would be devastating to their state.

The 50 state legislators who signed onto the letter accuse the president of launching an “unfair attack on coal,” which the lawmakers argue will have a devastating effect on their state economy.

The bi-partisan group told the president that the coal industry is responsible for as much as $10 billion in “yearly” economic activity, although that number only represents the year 2010, and subsequent years have seen a sharp decline in the profitability of the industry’s operations in Kentucky.

Mon, 2012-11-19 17:43Steve Horn
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Revealed: NERA Economic Consulting is Third Party Contractor for DOE LNG Export Study

Reuters has revealed the identity of the mysterious third party contractor tasked to publish the economic impact study on LNG (liquefied natural gas) exports on behalf of the Department of Energy (DOE). Its name: NERA Economic Consulting.

NERA” is shorthand for National Economic Research Associates, an economic consulting firm SourceWatch identifies as the entity that published a June 2011 report on behalf of coal industry front group American Coalition for Clean Coal Electricity (ACCCE). ACCCE's report concluded, “clean-air rules proposed by the Obama administration would cost utilities $17.8 billion annually and raise electricity rates 11.5 percent on average in 2016.”

That report went so far to say that Environmental Protection Agency (EPA) regulations of the coal-generated electrcity sector would amount to some 1.5 million lost jobs over the next four years.

NERA was founded by Irwin Stelzer, senior fellow and director of the right-wing Hudson Institute’s Center for Economic Policy. In Oct. 2004, The Guardian described Stelzer as the “right-hand man of Rupert Murdoch,” the CEO of News Corp., which owns Fox News. 

According to NERA's website, the late Alfred E. Kahn, the “father of deregulation,” advised NERA's 1961 foundation

Tue, 2012-10-23 05:00Steve Horn
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As You Sow: Coal Investments, Shale Gas, a Bad Bet

In a missive titled “White Paper: Financial Risks of Investments in Coal,” As You Sow concludes that coal is becoming an increasingly risky investment with each passing day. The fracking boom and the up-and-coming renewable energy sector are quickly superseding King Coal's empire as a source of power generation, As You Sow concludes in the report.

As You Sow chocks up King Coal's ongoing demise to five factors, quoting straight from the report:

1. Increasing capital costs for environmental controls at existing coal plants and uncertainty about future regulatory compliance costs

2. Declining prices for natural gas, a driver of electric power prices in competitive markets

3. Upward price pressures and price volatility of coal

4. High construction costs for new coal plants and unknown costs to implement carbon capture and storage

5. Increasing competitiveness of renewable generation resources

Thu, 2011-01-20 10:28Brendan DeMelle
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Coal Money And Violent Rhetoric Hold Appalachia Captive to Dirty Energy

While Rep. Gabrielle Giffords continues her amazing recovery in the wake of the tragic Tucson shootings, the coal industry and its captive members in Congress and the right wing media continue to talk about a “War on Coal.”

The industry front group Friends of Coal issued “A Call to Arms” yesterday announcing the “Rally for Coal” taking place this afternoon at the West Virginia capitol and featuring the state’s top politicians. Acting Governor Earl Ray Tomblin’s office quickly labeled the “Call to Arms” rhetoric “an unfortunate use of words,” but wouldn’t confirm whether Tomblin had any plans to discuss the use of such violent rhetoric with the coal industry.

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