Suck it up hippies - Coal is King

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Looks like that whole alt.energy thing is not working out as expected.
From CNN Business:

Coal-fired power is on the rise in America for the first time since 2014
In a blow to the climate movement, US power companies are ramping up their coal consumption due to surging natural gas prices.

US coal-fired generation is expected to surge by 22% in 2021, the US Energy Information Administration said Monday. That would mark the first annual increase in coal-fired electric power generation since 2014, the EIA said.

Coal was long the main fuel source for the US power grid — even though its environmental footprint is the largest.

In recent years, utilities ditched coal because of concerns about the climate crisis and due to the abundance of very cheap natural gas. US coal consumption fell in 2019 for the sixth straight year, dropping to the lowest level since 1964, as natural gas prices fell to record lows.

Yet this trend has reversed in recent months because natural gas prices have spiked, making coal more competitive.

When will people start building the Thorium / Liquid Salt reactors. Simple, walk-away safe, cheap and the waste products need to be sequestered for a couple hundred years, not 40,000 years as with Uranium. The cure is staring us in the face but the worst thing that an environmentalist can image is cheap reliable energy.  They want to bring us back to the stone ages.  For our own good of course.  They know best what we want and need...

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This page contains a single entry by DaveH published on October 18, 2021 6:11 PM.

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