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Chamber study predicts Obama's "war on coal" will kill jobs

  • Pres. Obama’s plan to combat climate change could cost the U.S. economy $50B/year and destroy more than 200K jobs, the U.S. Chamber of Commerce argues in a new study that comes out just days before the EPA is expected to lay out new guidelines aimed at slashing greenhouse gas emissions, largely by shifting the nation away from the use of coal.
  • The EPA hopes to reduce the percentage of U.S. electricity generated by coal to 14% by 2030 from 37% today, while the amount of electricity generated by natural gas would rise to 46% by 2030 from 30% now.
  • Groups supporting the new EPA goals say they will make the U.S. more energy efficient, cut household energy costs and even create thousands of new jobs; the Natural Resources Defense Council comes out with a report tomorrow making those claims.
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Comments (62)
  • Philip Marlowe
    , contributor
    Comments (930) | Send Message
     
    Climate change is costing us and will cost us much more.
    28 May, 07:50 PM Reply Like
  • Patent News
    , contributor
    Comments (1312) | Send Message
     
    Made up numbers, coal must be transitioned it will cost much much later if we wait longer
    29 May, 01:24 AM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    When did it become fashionable to advertise ones gullibility?

     

    Never mind, I know the answer: "Gub'mint Edgymacashun"

     

    School Marms and 60's radicals teaching "science" Go figure
    29 May, 09:06 AM Reply Like
  • Brad Kenagy
    , contributor
    Comments (1480) | Send Message
     
    I understand the environmental issues, however the statement of "cut household energy costs" I believe is false. If I'm not mistaken coal is the cheapest form of electricity so how will removing the cheapest source of energy from the grid result in lower costs for consumers.
    28 May, 07:54 PM Reply Like
  • Tri Duong
    , contributor
    Comments (1454) | Send Message
     
    The overall costs for coal is higher because it causes so much pollution.

     

    Regardless, the lowest cost per kW has always been nuclear or hydro depending on where you are.
    28 May, 08:31 PM Reply Like
  • aow
    , contributor
    Comments (125) | Send Message
     
    Depends. Under MATS and other standards already promulgated (as well as state standards) a lot of old gas plants cost a ton of money to run. While the input (coal) may itself be cheap, running (or upgrading) the actual plants are actually quite expensive to do. That's why so much of coal today is for peak use.
    28 May, 08:32 PM Reply Like
  • Jasonnguyen408@gmail.com
    , contributor
    Comments (29) | Send Message
     
    Nuclear power would be the cheapest given the current price of Uranium, and extremely clean i.e no carbon footprint. Sadly, Fukushima gives nuclear power a very bad stigma.
    28 May, 10:02 PM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    Define "pollution" in a way that makes sense. If you take a dump are you "polluting?"
    29 May, 09:07 AM Reply Like
  • billknowsall
    , contributor
    Comments (265) | Send Message
     
    Only 2 1/2 years till we're rid of this central planning dictatorial marxist Manchurian man that is grinding the US economy into the dirt. Be it coal, healthcare, the military, etc- everything he targets turns to a trail of debris. It's funny how we cannot affect some things but we are totally affecting the climate. Weak science propounded by weak minds.
    28 May, 07:57 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (536) | Send Message
     
    We're affecting the climate so much the polar ice caps on Mars are melting too. Go figure.
    28 May, 08:02 PM Reply Like
  • Willow Street Investments
    , contributor
    Comments (849) | Send Message
     
    This message has been brought to you by FOX News!
    28 May, 08:11 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (536) | Send Message
     
    If you want news, watch Fox. If you want to be entertained, watch MSLSD or the Missing Plane channel.
    28 May, 08:38 PM Reply Like
  • Daniel Radakovich
    , contributor
    Comments (552) | Send Message
     
    Stock market is at an all time high...He can't be that bad...
    28 May, 10:37 PM Reply Like
  • Heinz Doofenshmirtz
    , contributor
    Comments (271) | Send Message
     
    It's ironic how the investment class has done rather well under the Obama administration while the labor participation rate has fallen from 65.7% at his inauguration to the present multi-decade low of 62.8% http://bit.ly/1kifxBE
    28 May, 10:54 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (536) | Send Message
     
    Investors have done well under Bernanke / Yellen.
    29 May, 05:21 AM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    CNN = missing plane
    Fox = missing brain
    MSNBC = missing sane
    29 May, 07:58 AM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4263) | Send Message
     
    Billknowsall - It must be great to be so sure of yourself that you can denigrate the American president will such self assurance that it would be consistent with your self-perceived omniscience as indicated by your "nom de web". Better yet, 18 readers, thus far, have bought in to it. Enjoy the feeling!
    29 May, 02:23 PM Reply Like
  • Sezen
    , contributor
    Comments (15) | Send Message
     
    Cool. I don't worry about it either, despite all of the science, because I know God will protect us Christians!
    29 May, 05:35 PM Reply Like
  • Sezen
    , contributor
    Comments (15) | Send Message
     
    LOL! Come now friend, don't you watch CNBC?
    29 May, 05:37 PM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    CNBC = missing gain ;-)
    29 May, 06:38 PM Reply Like
  • Heinz Doofenshmirtz
    , contributor
    Comments (271) | Send Message
     
    Thank god for FOX.

     

    The Left would prefer to silence objections to their authoritarian aims. As is typical for the Statists. Your attempt to stigmatize FOX is a well-worn talking point.
    30 May, 12:15 AM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4263) | Send Message
     
    Heinz - Many years ago, Walter Cronkite argued that there was no "objective" press. We are all tainted by our experiences and beliefs. The best good journalism could be was to attempt to be fair. Fox, RT and other propaganda networks clearly miss on this criterion in trying to convince us of the righteousness of their political point of view. Give me William Buckley's Firing Line where he was willing to expose his beliefs by giving equal standing to proponents of other views. This was no "echo chamber".
    30 May, 09:20 AM Reply Like
  • Rope a Dope
    , contributor
    Comments (536) | Send Message
     
    I wonder what Juan Williams or Bob Beckel would say about your comment? You appear to have forgotten how Juan was DUMPED by the Liberal run NPR because he had a different opinion. Liberals are hypocrites.

     

    Fox news had had the highest news channel ratings for something like 12 years straight, for a reason.
    30 May, 09:29 AM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    LOL. As if Roger Ailes is tolerant of dissenting opinions at Fox, when he passes out the daily talking points for all the obedient minions to parrot.

     

    I'm not here to defend MSNBC, NPR, etc. But if want to paint Fox as the bastion of objectivity, that is simply laughable.
    30 May, 09:37 AM Reply Like
  • Willow Street Investments
    , contributor
    Comments (849) | Send Message
     
    This is what the networks and the powerful want you to do...they want citizens to fight each other...right vs. left (us vs. them), instead of fighting the powerful as a unified force against them. While we are fighting each other...they loot the country even more. As the late great George Carlin said "The U.S. is finished." The only shred of hope we have, as he said, was violent revolution, but that will never happen because citizens are too busy fighting each other instead of the real enemy.
    30 May, 12:01 PM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4263) | Send Message
     
    Rope a Dope - The top brass at PBS would likely not pass muster with Walter Cronkite. However, Roger Ailes, would likely do quite well in passing the Goebbels test.
    30 May, 02:28 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (536) | Send Message
     
    Well then I suggest you stick with MSLSD.
    30 May, 02:33 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5161) | Send Message
     
    At some point the US President has failed to understand that the rest of the world doesn't follow his agenda. China, India, and other developing nations will use coal and plenty of it. The US had its Industrial Revolution and used coal to fuel it. The developing world will follow the same path.

     

    Had the states where the coal industry has been ruined known what this President was going to do, instead of what he said while on the campaign trail, the election may have been very different indeed.
    28 May, 08:05 PM Reply Like
  • Philip Marlowe
    , contributor
    Comments (930) | Send Message
     
    China is trying very hard to reduce their use of coal as well. By the way, if you love coal so much you should visit china. They use so much coal the air tastes like coal. In Beijing you can barely see 200 feet in front of you, most people have a distinctive cough (called the beijing hack), on many days the government recommends that you do not go outside period, and schools have inside gyms because it would be a crime to let children play outside.

     

    By now China knows how bad coal is and is working hard to reduce it's use. But that is probably heaven for you.
    28 May, 08:18 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5161) | Send Message
     
    Russia is considering building the world's largest coal-fired power plant to supply electricity to China.
    http://bit.ly/1khQJtm

     

    If stating the facts on coal use in China, India, and other developing countries angers you, that is your business.

     

    To respond to my comment in such a harsh tone is uncalled for.
    28 May, 08:31 PM Reply Like
  • Bouchart
    , contributor
    Comments (757) | Send Message
     
    Coal is the cheapest source of energy, so it will be used in abundance in low income countries.
    28 May, 09:16 PM Reply Like
  • Willow Street Investments
    , contributor
    Comments (849) | Send Message
     
    And the healthcare bills for breathing in the dirty air will more than outweigh the coal cost savings...but, hey, who is counting?
    28 May, 09:22 PM Reply Like
  • bdy
    , contributor
    Comments (150) | Send Message
     
    China has plans to create over 50 nuclear plants by the end of 2020s and reduce its CO2 emissions by 40%. Source: I work for a nuclear company that supplies components to China. Also, tons of news articles can be found on these tidbits. For the rest of the world I cannot say. But, you also have to remember that China is a huge up and coming economic powerhouse while some other nations maybe still be in an earlier phase of development.
    28 May, 09:34 PM Reply Like
  • The Patriot
    , contributor
    Comments (322) | Send Message
     
    China burns a good deal of very low grade coal. They have almost zero pollution control. There is no comparison between US coal plants and China's coal plants. The coal plant a few miles from my home burns over 100 rail cars/ day - the largest in the country. They do a tremendous job of removing pollutants. The area around the plant has a 3500 acre lake that is open to the public for fishing, sailing, camping etc. It also has several thousand acres of WMA land for hunting. I have been a regular for close to 30 years. There is not an industrial process, including the manufacturing of solar panels, that does not create environmental hazards.
    Coal can be burned cleanly.
    28 May, 10:26 PM Reply Like
  • Daniel Radakovich
    , contributor
    Comments (552) | Send Message
     
    US sets example, developing countries will follow.
    28 May, 10:38 PM Reply Like
  • Heinz Doofenshmirtz
    , contributor
    Comments (271) | Send Message
     
    Philip Marlowe's attempt to shout you down is typical.
    28 May, 10:41 PM Reply Like
  • deercreekvols
    , contributor
    Comments (5161) | Send Message
     
    Thank you Heinz Doofenshmirtz. (one of my favorite cartoon characters of all-time, BTW)

     

    Facts can sometimes get in the way of others agenda, so it seems.
    29 May, 07:46 AM Reply Like
  • Hubert Biagi
    , contributor
    Comments (690) | Send Message
     
    The point is all these emissions are all going into the same atmosphere. Even while China may be trying to reduce this problem, other nations trying to industrialize and catch up will turn to coal. It's simply not going away as a primary source of energy.
    29 May, 08:50 AM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    Too funny. China is building two coal fired electric generation facilities a week.

     

    Your comment is as stupid as saying Obunghole is "trying" to reduce his "carbon footprint"
    29 May, 09:10 AM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    If that's true then coal is definitely in the USA's future.
    29 May, 09:12 AM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    I live 10 miles downwind of one of the largest coal electric plants in the USA and the air has never been more clear. If you want to see real smog go to California.
    29 May, 09:13 AM Reply Like
  • Sezen
    , contributor
    Comments (15) | Send Message
     
    Come now. I you state your opinion of a point that is currently a topic of extreme importance to the world by a mere utterance of "election dribble" you must expect someone who reads to jump on you? The world may be totally myopic and ignorant, but that does not mean we should be. If you go beyond the TV info you may just find that those very countries you mention are the leaders in the development of alternative energy.
    29 May, 05:45 PM Reply Like
  • Rich in Quebec
    , contributor
    Comments (4263) | Send Message
     
    Deer - I used to teach the Walt Rostow model of the stages of economic development. It was historically true. But it wasn't a prescription, as Lee Kwan Yew of Singapore and other Asian Tigers or Dragons demonstrated. Stages of development can be skipped and the whole model can be questioned.

     

    CO2 was never perceived as a problem until a few decades ago. Third World countries preferred to do nothing on environmental problems until they grew enough to be contributing to them. China has at the very least reached the stage we were during the times of "acid rain", ie., ready to pay to eliminate coal's obvious local and regional problems. Whether they're ready to address the world CO2 / climate change problem remains to be seen for now. But in the long run, unless a cost efficient means of storing or transforming CO2 is found, coal will go the way of whale oil.

     

    As for Obama on coal, I think he promised research on "clean coal". Whether this promise was based on ignorance or hypocrisy, I don't know. But, as the cost of electricity by photovoltaics has declined while the collateral costs of any carbon based fuel are increasingly obvious to the world's decision makers, is there any doubt that carbon will be increasingly regulated and/or taxed?
    29 May, 06:25 PM Reply Like
  • Hubert Biagi
    , contributor
    Comments (690) | Send Message
     
    Coal is here to stay. I'm sure China and India will buy all the coal we won't use, and burn it under much less restrictive environmental standards. But last time I checked, it was still all one atmosphere. Too bad the diseased liberals cling to the "not in my backyard" mentality. What we should be doing is to lead the world in coal technology, and encourage it's use at home.
    28 May, 08:09 PM Reply Like
  • ApexFlow
    , contributor
    Comments (2) | Send Message
     
    You're all clowns. Given the rate at which developing countries are burning coal, this is a step in the right direction. If you call yourself an investor or trader, you should see this energy shift as multiple opportunities to profit in alternative energy sectors (Nuclear, solar, wave, etc). Supporting one of the most archaic forms of energy such as coal is closed minded, simplistic, and, most of all, damaging to humans and the environment. The immediate (short term) cost of shifting will be far less than the long term costs/implications of blindly burning coal. Figure it out.
    28 May, 08:14 PM Reply Like
  • Rope a Dope
    , contributor
    Comments (536) | Send Message
     
    "The immediate (short term) cost of shifting will be far less than the long term costs/implications of blindly burning coal. Figure it out."

     

    You are aware this report was released by the US Chamber of Commerce, aren't you? Given a choice between an economic analysis from the US Chamber of Commerce and ANYTHING associated with an administration who doesn't believe in budgets, I'm going to roll the dice and go with the US Chamber of Commerce.
    29 May, 09:02 AM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    I guess its time to get rid of the wheel and fire too. Stone age inventions, don't you know.
    29 May, 09:17 AM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    The US Chamber of Commerce is a self-interested, disingenuous, political animal, in the same vein as any other lobbyist. They aren't any "purer" than a political administration (of either party), in that regard.
    29 May, 06:37 PM Reply Like
  • Regarded Solutions
    , contributor
    Comments (15565) | Send Message
     
    We will be breathing other countries coal. you think this will solve global warming? the earth is large and other developing countries want and will use cheap fuel...coal.....now if the US can sell every last ounce of coal, then we can invest in nat gas, otherwise we are and will be in deeper doo-doo.

     

    The balance right now is LNG and drilling for oil on our own soil while we sell the coal elsewhere. Too bad the idiots in DC cannot agree on where the toilets are, let alone an energy plan.
    28 May, 08:22 PM Reply Like
  • Tom Shaughnessy
    , contributor
    Comments (1108) | Send Message
     
    Dead on R.S.!
    28 May, 08:47 PM Reply Like
  • aow
    , contributor
    Comments (125) | Send Message
     
    MATS already pretty much killed coal; the GHG regs are a further step in that direction but all this CoC talk is mostly alarmist BS at this point.
    28 May, 08:26 PM Reply Like
  • CCCB
    , contributor
    Comments (53) | Send Message
     
    Don't understand the uproar. Fearless leader BO always said to get out of coal. He was going to bankrupt the companies. BO has the power to do it and the idiots in the US voted for him. Congress useless. End game.
    28 May, 08:47 PM Reply Like
  • nicothefrenchy
    , contributor
    Comments (57) | Send Message
     
    The USA has always been at the forefront of new technologies and innovation. We need to lead in wind, solar, nuclear, geothermal, ... and own that tech.

     

    What a sad state of affairs, when people defend old dirty coal. Go live next to a coal plant or work in coal mine.
    28 May, 09:35 PM Reply Like
  • SirGareth
    , contributor
    Comments (49) | Send Message
     
    Yes, great Idea. Lets ban wheels so we can invent a better idea.

     

    This is what a government education can do to an otherwise normal brain.
    29 May, 09:19 AM Reply Like
  • nemonemo
    , contributor
    Comments (309) | Send Message
     
    I can see that US is doomed. Thanks to brain-dead liberals.
    28 May, 09:49 PM Reply Like
  • Willow Street Investments
    , contributor
    Comments (849) | Send Message
     
    This message has been brought to you by Fox News.
    28 May, 10:03 PM Reply Like
  • billknowsall
    , contributor
    Comments (265) | Send Message
     
    Choim- Can you please add something useful to the discussion besides the same tired sentence?
    28 May, 10:58 PM Reply Like
  • Bigfloridafish
    , contributor
    Comments (91) | Send Message
     
    My grandfather died of coal lung, and yes it was the best we had back then. But now is now and coal needs to be sent elsewhere. We have so much clean energy in this country you would have to be a moron to support coal. Fuel cells using natural clean gas is the way to go.
    28 May, 10:28 PM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    Ah, the SA clickbait article of the day
    29 May, 12:05 AM Reply Like
  • Tricky
    , contributor
    Comments (1583) | Send Message
     
    Clickbait
    29 May, 12:05 AM Reply Like
  • Arthur Fisher
    , contributor
    Comments (224) | Send Message
     
    These are the wars of religion, 2014 version.
    29 May, 05:50 AM Reply Like
  • Chancer
    , contributor
    Comments (2569) | Send Message
     
    Simple solution: Obama should just issue executive decree that all power plants must shut down for 12 hours (50%) of every day- like 8 pm to 8 am. Saves more energy, reduces carbon, etc. Less cost to economy. Less gov't. bureaucracy.

     

    Full disclosure: I do not believe in man made global warming as all a giant hoax brought to us by Democrat party for more government control. But if they are going to do, simple is better.
    6 Jun, 04:43 PM Reply Like
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