PHILIP BUMP – Coal companies are in a bit of a bind. Well, a few binds, really, but letâ€™s just focus on one at a time, shall we? Demand for their product domestically has dropped significantly of late, as prices of natural gas have remained low. But demand remains high overseas: In Europe, certainly, but particularly in Asia. So if you are running a coal company (which, if you are: Hello!), thereâ€™s an obvious solution. Take all that coal and ship it to China and India. Or maybe itâ€™s not that easy.
Tag: Powder River Basin
Three Ways to Fix the Climate in 2012 and Beyond
EBAN GOODSTEIN – Itâ€™s hot. Itâ€™s going to get hotter. And despite the politics of the moment, extreme weather will eventually drive a national consensus on climate action. What can each of us do to insure we get there soon, rather than too late? There are three answers. The first is to build political power. Elect clean-energy champions at the municipal, state, and national levels who can pass policies enabling a clean-energy revolution. The second is to stop expansion of the global carbon infrastructure. This will cut pollution â€” some â€” but will also build the morally grounded movement that must ultimately drive a strong clean-energy politics. Answer three? Grow the green shoots of the emerging sustainable economy.