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Coal Fights Back, and Wins in Europe

A funny thing is happening on the way to the clean energy future.  While the US government wages a regulatory war on coal fired generation, in Europe, the land of the oh so politically correct the drive for greenhouse gas emissions reduction is meeting a new competitor----reality! The EU emissions trading scheme had fallen on hard times as the number of permits issued was large and demand in a falling economy was weak so prices fell.  Some reforms were made and the freebie credits were reined …Continue Reading »

Coping with Copenhagen

Imagine Times Square, New York City on New Year’s Eve, you see the giant Tiffany crystal ball overhead prepared to light up and signal the fresh start of something new, something better, something hopeful to wash away the sweat and tears of the past year. Now go to the website of the UN Climate Change Conference where you will find the countdown clock for the Copenhagen Conference on Climate Change ticking away dramatically.  Don’t you feel the excitement, the anticipation, the prospect of …Continue Reading »