Saturday, October 20, 2012

The Coal Industry in the USA is actually a victim of the Republicans.

Silly thought, huh? Not really. If I may?

Who is the biggest supporter of the Coal Industry? Republicans for the most part, although you won't find a tougher Democrat when it comes to the topic than the Senator from West Virginia.

But, what have the Republicans done to the Coal Industry, in fact? What have they done by today's measure to the Coal Industry?

Coal is the highest polluting fossil fuel of the three, gas, oil and coal. Coal, however, is the most stable of all the fossil fuels. It is a solid and brings tragedy to coal mines when methane gas, otherwise known as natural gas, escapes in large quantities into the mines. There is explosion with natural gas when it enters any space. In the case of coal mines, it ignites in a very small area and causes deaths of the miners.

But, Republicans have done NOTHING to improve the forward movement of Clean Coal Technology. They have never moved in all of nearly 50 years to seek improvement of industry standards of its by-product of carbon dioxide. While subsidizing the Oil and Gas industry, Republicans have done NOTHING to advance the technology to permit coal to remain competitive. That has not been the case with President Obama and his Energy Secretary Chu.

Now, if the Coal Industry wants to really stay in business in the USA then they need to take a good hard look at their greatest enemy and that is the Republican Party who has done nothing to improve their long term survival in the face of the USA having the largest coal deposits on Earth. The Republicans have maintained the coal industry in the Dark Ages while stating deregulation is the only enemy the industry has. 

Not the case. 

The real enemy, and I am seeing long term into the next decades, of the Coal Industry, are the very Republicans stating deregulation is their enemy. That is completely the opposite, because, if CO2 (carbon dixoide) were regulated it would have forced the USA Congress to legislate monies to Clean Coal Technology to improve the CO2 emission as a by-product. Regulation was the insurance of the Coal Industry to longevity. Not deregulation. If the USA Congress 35 to 40 years ago stopped the subsidies to the Oil Industry and instead devoted them to the Coal Industry for modernization of the industry they would not be facing a challenge to stay in business today against men such as Romney's Energy Advisor Howard Hamm.

Hamm is not about coal. What Hamm knows about coal and nuclear for that matter can be put in a thimble. So, the Romney campaign is only using the Coal Industry as a platform issue with the only goal of relief as deregulation. There are no plans by Romney to remove oil subsidies or advance alternative energy, but, simply to deregulate the coal industry. There won't be safeguards for anything anymore.

But, to be real about the future of the Coal Industry, it is out of demand. Setting aside the absolute worst idea the petroleum industry ever had, which is hydraulic fracturing of 'solid' rock to make holes in the hopes of extracting natural gas, the international community is seeking alternative energies at a record pace. Even, China, with it's own coal industry is seeking alternative energies. Japan  is left with the decision to seek more and more offshore and onshore alternative energies due to it precarious location on Earth.

So, the idea somehow the Democrats are the Coal Industry's enemy is a farce.  Regulation with changing paradigms of research and development is the best idea for the Coal Industry. And that idea is not coming from the Republicans.