GLG News by Coal Pricing Experts
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John WardPresidentJohn N. Ward
EPA Proposals to Hamstring Coal Face Lengthy, Uncertain Paths to Enactment
July 28, 2010
Obama Overhaul of Regulatory Reviews Now Seen as Unlikely | www.nytimes.com
As the U.S. Environmental Protection Agency mounts a full court press against coal, the practicalities of enacting new regulations loom as a significant barrier to the agency’s ambitious agenda. The delays certain to result pose risks to both sides of the coal debate.
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Paul GlantzPresidentMetal Recycling Consultants
Science, not Politics, Will Lead the Way
January 26, 2010
Analysts says frac rules unlikely | www.upstreamonline.com
The analysts conclusion that ExxonMobil and other shale-gas producers will not be subject to extra costs to comply with environmental regulations and restrictions is either at least very premature, or at most wrong.
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John WardPresidentJohn N. Ward
Delay in Coal Ash Regulation Announcement May Reflect Inter-Agency Difficulties
December 22, 2009
EPA delays announcement on regulating coal ash | www.google.com
The U.S. Environmental Protection Agency has announced it will not meet its self-imposed deadline for proposing new coal ash disposal regulations by the end of this year. However, the delay may not signal a softening of the agency’s position on the “hazardous” nature of coal ash.
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John WardPresidentJohn N. Ward
“Go West, Young Man” to See the Future of U.S. Carbon Cap and Trade
November 25, 2009
California leads the way on 'cap and trade' | www.mercurynews.com
A logjam in the U.S. Congress over health care reform is causing further delay in consideration of national climate change legislation. However, California regulators are moving full speed ahead on designing a program that could end up as the model for a federal system.
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John WardPresidentJohn N. Ward
Cap and Trade Enactment Likelihood Fading; Utilities Shouldn’t Get Complacent
July 27, 2009
Healthcare delay may complicate U.S. climate debate | www.reuters.com
A logjam in the U.S. Congress over health care reform is causing further delay in consideration of climate change legislation. Is climate change legislation and creation of a greenhouse gas cap and trade system for the United States still possible during 2009?
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John WardPresidentJohn N. Ward
‘High Hazard’ List Obscures the Real Hazard to Electric Utilities
July 1, 2009
E.P.A. Lists ‘High Hazard’ Coal Ash Dumps | www.nytimes.com
EPA’s less publicized effort to rewrite regulations for coal ash disposal threatens to saddle electric utilities with hundreds of millions of dollars in new costs and may destroy one of America’s great recycling success stories.
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Thomas ShewskiOwnerHigh Energy Services
Key Points Contained in Climate and Energy Bill Passed by U.S. House of Representatives
June 29, 2009
House Narrowly OKs Sweeping Climate Change Bill | www.dallasnews.com
The U.S. House of Representatives narrowly passed the American Clean Energy and Security Act of 2009 (“ACES”) on June 26, 2009. The discussion below contains the key points in the Bill now headed to the Senate for debate and action.
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Thomas ShewskiOwnerHigh Energy Services
April 27, 2009
Coal Prices Crumble | www.forbes.com
Both steam and metallurgical coal demand are down. United States steam coal (for electricity generation) is down due to the economic slump affecting industrial demand and switching to cheaper natural gas-fired electricity generation in some areas of the nation. Metallurgical coal demand is down due to the crushing drop in steel production domestically and globally. Although coal demand is down significantly, it does not necessarily allow coal under contract to be excused for purchase.
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Thomas ShewskiOwnerHigh Energy Services
April 27, 2009
Administration Stops Short of Endorsing Climate Bill | www.nytimes.com
House Democrats issued a draft climate bill titled “The American Clean Energy and Security Act of 2009” on March 31, 2009 which proposes to reduce CO2 emissions and require the development of renewable energy on a nationwide scale. The section that follows highlights important provisions contained in this 648 page draft bill.
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Thomas ShewskiOwnerHigh Energy Services
Potential New Emissions Rules: Effect on Electricity Generation
April 27, 2009
Central New York Rep. John McHugh Takes Aim at Acid Rain | www.syracuse.com
Some in Congress are using the debate in Washington, DC on carbon tax to also include additional limits on mercury, nitrous oxide (NOx), and sulfur dioxide emissions (SO2) from coal plants. Many proposals have been floated in Congress (one of which is linked here) to limit these emissions. If any of these proposals were to pass and become law, it will have significant impact on electricity generation.
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