Future of Coal Dims Further in 2010, But Dying Industry Still Killing and Polluting

Mon, 2011-01-03 15:20Brendan DeMelle
Brendan DeMelle's picture

Future of Coal Dims Further in 2010, But Dying Industry Still Killing and Polluting

2010 was a dark year for the dirty U.S. coal industry, with the deaths of 48 coal miners – the deadliest year in nearly two decades – and widespread recognition of the threat posed by hazardous coal ash waste to waterways nationwide. 

2011 hasn’t started off very well either, with a New Year’s Day article in the Washington Post noting the industry’s failure to begin construction on a single new coal-fired power plant in the United States for the second straight year.

An excerpt from the Post story:

“Coal is a dead man walkin’,” says Kevin Parker, global head of asset management and a member of the executive committee at Deutsche Bank. “Banks won’t finance them. Insurance companies won’t insure them. The EPA is coming after them… . And the economics to make it clean don’t work.”

Not only are the coal barons failing to build new plants, but their aging fleet is also facing a huge wave of coal-plant retirements thanks to new and emerging EPA regulations, as Grist’s Dave Roberts summarized last month. 

Nevertheless, the coal industry’s best efforts to flood Washington with lobbyists and dirty PR tricks seem to have crippled President Obama’s campaign pledge to end mountaintop removal and stalled out EPA administrator Lisa Jackson’s momentum towards regulating coal ash as the hazardous waste it surely is.

While Massey CEO Don Blankenship chose to retire rather than take responsibility for his company’s deadly mines, his successor will no doubt keep on blasting away Appalachia’s mountains, with devastating consequences for the air, water, culture and health of local residents, not to mention the climate impacts. 

The U.S. Energy Information Administration projects that the United States will lead the world into catastrophic global warming over the next 25 years. In its 2011 Annual Energy Outlook, the EIA predicts that energy-related CO2 emissions will “grow by 16 percent from 2009 to 2035,” reaching 6.3 billion metric tons of carbon dioxide equivalent (or 1.7 GtC).

Those “energy-related CO2 emissions” projections are of course based on the United States’ continued addiction to oil and coal.

Thanks to extensive coverage of Massey’s and other coal barons’ misdeeds in films, blogs and newspapers worldwide, and a massive grassroots groundswell building momentum to shut down dirty coal plants and focus our energy future on efficiency and clean energy solutions, 2011 might be a brighter year. 

But unless President Obama’s administration follows through on pledges to rein in mountaintop removal and regulate coal ash as hazardous waste, 2011 could see more of the same story of death and destruction from the coal industry.

Who will prevail in 2011? The Bad News Barons of Dirty Coal? Or the Climate Hawks and battle-ready clean energy advocates?

 

Previous Comments

Obama needs to re-prioritize implementing a sustainable energy policy in 2011, starting with reigning in the deadly and polluting coal industry.

[x]
Fracking for natural gas

“We cannot solely rely on abundant gas to solve the climate change problem. The climate change problem requires a climate change solution. Abundant gas could be great for any number of things, but it is not going to solve the climate change problem.”

This statement was made by Haewon McJeon, the lead author on a new study published last week by Nature magazine, which concluded that...

read more