Shale-Gas Cannot Replace Coal; US EPA Regulation Better than Cap-and-Trade

At a Jan. 13 press conference in Washington, D.C., Fred Palmer, Peabody Energy senior vice president-government relations, announced that Peabody – the world’s largest publicly-traded coal company – would support new U.S. Environmental Protection Agency (EPA) “greenhouse” regulations on the energy and power industries, rather than carbon cap-and-trade legislation.

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BP officials speaking at the World Future Energy Summit in Abu Dhabi this week announced that they hope to open for bidding later this year proposals for building the estimated US$2 billion “Hydrogen Power Abu Dhabi” (HPAD) project.

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Sasol and Tata Steel officials announced Jan. 18 that they want to build a 3.6 million tons/year (80,000 barrels/day) coal-to-liquids (CTL) plant in Orissa, India.

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Vancouver, B.C.-based Syntec officials and University of North Dakota Energy and Environmental Research Center (EERC) announced Jan. 7 a new scheme to convert non-food biomass into bio-butanol, a proposed “green” gasoline blendstock.

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• ClearFuels Tabs BNP Paribas for BTL-FT Financing

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• Minn. Gasification WTE Project Wins U.S. Grant

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• Start-Up Wins US$900,000 Grant for Biomass Gasification Factory

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Adding carbon dioxide (CO2) capture to a supercritical pulverized coal-fired power plant will impose more than US4 cents per kiloWatt hour (kWh) extra cost, according to a new study by California-based SRI Consulting (SRIC).

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• Total Launches CCS Project in France

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European Union trade commissioner-designate Karel De Gucht told an European Parliament committee hearing last week that he cannot support a scheme pushed by France to impose a carbon “border tax” on non-European goods produced in countries with relatively weak carbon dioxide “greenhouse” legislation.

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