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Peabody Energy Corp. Message Board

  • ford30cabriolet ford30cabriolet Sep 4, 2013 11:25 AM Flag

    Is this Capitulation?

    There has been no correspondence with this site since September 2, 2013.

    Sentiment: Buy

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    • Everyday, I'm following the news on coal. The quote that comes to mind is "To every action there is always opposed an equal reaction." For the past few years, there has been this unending dumping on coal, villainization of coal, whatever you call it, and we are finally starting to see an opposing reaction.

      For instance, as previous poster points out, it looks like Australia will be kicking out Kevin Rudd, a climate change advocate, and putting in Tony Abbott as leader, who is a professed sceptic of climate change and is very pro-coal.

      Some Abbott quotes:

      "This is a government which is proposing to put at risk our manufacturing industry, to penalise struggling families, to make a tough situation worse for millions of households right around Australia. And for what? To make not a scrap of difference to the environment any time in the next 1000 years."

      "Whether carbon dioxide is quite the environmental villain that some people make it out to be is not yet proven."

      '"I don't think we can say that the science is settled here. "

      "The climate has changed over the eons and we know from history, at the time of Julius Caesar and Jesus of Nazareth the climate was considerably warmer than it is now. [...] Climate change happens all the time and it is not man that drives those climate changes back in history. It is an open question how much the climate changes today and what role man plays."

      "These so-called nasty big polluters are the people that keep the lights on. I mean, let's not forget how essential these people are to the business of daily life."

      "If man-made CO2 was quite the villain that many of these people say it is, why hasn't there just been a steady increase starting in 1750, and moving in a linear way up the graph?"

      "I am, as you know, hugely unconvinced by the so-called settled science on climate change. [...] I mean, I just think that the science is highly contentious, to say the least."

      • 2 Replies to t_e_n_k_a_y
      • the ice age ended 10,000 years ago and guess what? there was no internal combustion engines or coal burning plants to heat up the atmosphere to melt the ice.

      • The "vilification" of coal? Yep, the prez has done what ever he can to make it Cool to hate coal.
        The Sierra Club thanks barry for his help in their campaign "Beyond Coal."
        And,,,, Global Warming as a science?
        As you point out, why is there not a linear increase in global warming or why not an exponential increase if anthropomorphic global warming is fact based.
        "For starters, while it should be understood that climate really does change, it’s also appropriate to recognize that global temperatures have been essentially flat since at least 1998. Recent readings taken from more than 30,000 measuring stations and released in 2012 by the U.K.’s Met Office and the University of East Anglia University Climate Research Unit show that world temperatures hadn’t warmed over the past 15 years."
        Al Gore surely did not invent the internet, but he most certainly did invent global warming , now called climate change......

    • Capitulation or more like Decapitation?

 
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