this is from a article addressing the up coming changes proposed today for green energy..and the reduction of coal useage in America.. don
A few other highlights of the sweeping plan include up to $8 billion in Energy Department loan guarantees for advanced fossil energy projects, such as coal plants that trap carbon; fuel economy standards for heavy-duty trucks beyond model year 2018, when existing standards run through; and continued Interior Department efforts to permit renewable energy projects on federal lands.
here is Peabody Coals comments on the presidents plan of yesterday. don
1:51AM Peabody Energy issues statement on National Carbon Plan (BTU) 15.03 : Co releases the following statement: "Peabody agrees with President Obama that greater use of clean coal is essential. We also support his proposals to increase deployment of higher-efficiency generation; expand research in carbon capture, use and storage technologies; and advance coal generation in poor nations. We would go further and say that all nations need the clean, reliable, low-cost electricity that coal-fueled generation provides.
Such elements are a key part of the Peabody Plan, and it is good to also see these in the President's proposals. The Peabody Plan seeks to achieve universal energy access by 2050 in a way that puts people first and advances society's important goals of energy security, economic growth and environmental solutions.
At the same time, any actions that would reduce coal-fueled generation harm Americans, who would feel the same pain at the plug that we all feel at the pump.