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markp1950 513 posts  |  Last Activity: 1 hour 48 minutes ago Member since: Oct 31, 2006
  • markp1950 markp1950 Jan 29, 2016 10:19 AM Flag

    Not to mention all the 1 in 1000 year weather events.... Moisture comes off super heated ocean water and hits winter, and boom record snow. Fresh water ice melts into salty ocean water makes it less salty, raises melting temp and it freezes easier, creating more ice... Why aren't these deniers stopping these storms, seeing that they have so much power.. :-) But they can blame God.....

  • Reply to

    Breaking News from San Diego

    by railsnstalks Jan 28, 2016 3:22 PM
    markp1950 markp1950 Jan 29, 2016 10:07 AM Flag

    I invested in SLTD at .47 equivelent.. Now at 2.80 Divestment (from FCX) is not supposed to be profitable. Not that I had so much anyway...
    I "invested" in the Sierra Club..... Just here to turn the lights off. Watching the revolution to renewables. Enjoying the death of coal. Sorry for the coal miners.
    On an equal basis renewables will win. There are tons of subsidies for coal and fossil fuels. FINALLY the Republicans are calling for the removal of all subsidies.... Which is ok by me...
    I watching the new S 2012 energy bill running through congress....
    We are looking at building an off grid community.

  • Reply to

    Breaking News from San Diego

    by railsnstalks Jan 28, 2016 3:22 PM
    markp1950 markp1950 Jan 28, 2016 10:15 PM Flag

    Ah, San Diego. Pledging to go 100% renewable....

  • Reply to

    Coal Slides to New Low As Source of Electricity

    by markp1950 Jan 28, 2016 5:01 PM
    markp1950 markp1950 Jan 28, 2016 10:13 PM Flag

    Even Saudi Arabia is turning to renewables.
    You whine about me repeating myself. Only because YOU do. When you talk about unemployment in the coal industry, I mention truthfully that YOU MOVE ON TO SOMETHING ELSE.
    That is what the coal companies should have done. Moved on to renewables. Some foreign oil companies are doing JUST THAT. Like TOTAL. Like the Saudis. If you are Kodak relying on film, and you don't move on to electronic pictures, you die. Blockbuster died, Netflix moves on.... Adapt or die.
    { The challenge for mankind is to figure out how to responsibly lift billions of humans out of poverty,}
    Sure. In many remote locations they live without power. To grow food they have to carry water. And put a couple of cups on the plants. Now what they are doing is giving them a well powered by solar. Too expensive to string wires for miles. Now they can grow enough food to eat, and even maybe enough to sell. This is EXACTLY what is happening. It won't make you a millionaire, but being able to simply live is heaven.
    Even in remote Wyoming. Stringing power lines a couple of miles can cost $100,000, and THEN they charge you for power. So solar and batteries will cost less. And if it is zero out there and you have a power outage, you are screwed.

  • The amount of electricity generated using coal in the U.S. slid to its lowest level since at least 1970 in November, according to data released this week by the Energy Information Administration.

    Coal-fired power plants generated 29 percent of the U.S. electric power supply in November, dropping from nearly 35 percent in July and 39 percent for all of 2014. The trend continues coal’s long slide away from national dominance as the primary source of electricity in the United States, EIA analyst Glenn McGrath said Wednesday.

  • Coal Slides to New Low As Source of Electricity
    Published: January 28th, 2016
    The amount of electricity generated using coal in the U.S. slid to its lowest level since at least 1970 in November, according to data released this week by the Energy Information Administration.

    Coal-fired power plants generated 29 percent of the U.S. electric power supply in November, dropping from nearly 35 percent in July and 39 percent for all of 2014. The trend continues coal’s long slide away from national dominance as the primary source of electricity in the United States, EIA analyst Glenn McGrath said Wednesday.

    “Coal generation is about as low as it’s ever been,” he said. “It’s never been that low for a particular month.”

    Although the EIA does not have data prior to the 1940s, McGrath said it is unlikely that coal has ever had a lower share of U.S. electric power generation.

  • along with utilities in the US, Japan and Germany, according to a report highlighting the environmental-related risk of coal producers.

  • Reply to

    Marp, Marp, Marp, Dr. marp1950 MD, Help ...

    by coalovingwoman Jan 28, 2016 3:51 AM
    markp1950 markp1950 Jan 28, 2016 10:13 AM Flag

    I think that you are looking in a mirror. If you would get off the illegal drugs and on to some calming prescription you would see more clearly...
    Coal plant
    Murray demands tax break for coal during free fall
    Looking for free government money..
    Anglo Oct-Dec export thermal coal output falls 21% on-year to 7.7 mil mt
    Don't Count on Coal Bankruptcies to Reduce America's Supply Glut
    COAL IS DEAD!

  • markp1950 markp1950 Jan 28, 2016 1:06 AM Flag

    in Paris, more than 500 global investors gathered today at the United Nations
    to begin mobilizing the trillions of dollars
    needed to catalyze the global clean energy transition.

  • markp1950 markp1950 Jan 28, 2016 12:33 AM Flag

    Remember when coal was 50%? LOL!
    Geeze no lights out..... We don't need any coal for lights..
    Your tantrums are getting fun. Can't handle facts.
    Better get that prescription.... And soon!

  • markp1950 markp1950 Jan 27, 2016 6:14 PM Flag

    There is no "world" out there. Everybody has left the building. Just waiting to turn the lights off....
    I think that you NEED the meds!

  • So what is the REAL BOOK value.....
    America's largest mining company, Freeport-McMoRan (FCX), said Tuesday it plans to sell some of its coveted mines -- likely at bargain basement prices. It joins other global mining giants Glencore (GLCNF) and Anglo American (AAUKF), which last year began a mad scramble to raise cash to pay down debt.
    Glencore and Anglo American have already started selling copper and coal mines located in Australia, Chile and South Africa. Freeport hasn't named the mines it could sell.

    But how the tables have turned. Just two years ago, business was booming and things were so good that the coal and gold miner Freeport shelled out nearly $9 billion -- mostly in debt -- to purchase two oil and natural gas companies.

    The timing couldn't have been worse. Copper and oil prices have since cratered to crisis levels and Freeport is trying to quiet bankruptcy fears even as it drowns in $20 billion of debt.

    "If they don't undertake asset sales to reduce debt ... the company could end up owned by its creditors," said Daniel Rohr, a Morningstar analyst.

    Related: Why the stock market is obsessed with oil

    Glencore, the Swiss-based mining and trading conglomerate, had to do the same thing last fall. And British giant Anglo American, which owns diamond company De Beers, announced plans in December to shed about 85,000 jobs and sell off 60% of its assets over the next few years. All three companies are saddled with too much debt, taken on during far brighter times.

    Freeport said it is searching for a buyer for its more recently-acquired oil and gas assets too.

    "We face serious challenges because of what's going on in the marketplace and because of the situation with our balance sheet," Freeport CEO Richard Adkerson told analysts during a conference call on Tuesday.

    "We're addressing this seriously and with a degree of urgency," he said.

  • The coal market has cooled HUGELY.
    1. China 3 year moratorium on coal...
    2. India finds solar cheaper than coal
    3 Vietnam cancels 70 coal plants for clean energy...
    So lets blame Obama for what other countries do.. LOL!

  • Reply to

    Coal Lovin' Woman has left the board.

    by markp1950 Jan 27, 2016 10:24 AM
    markp1950 markp1950 Jan 27, 2016 1:36 PM Flag

    Who the F are you? You are NOTHING!
    You can leave again.

  • Reply to

    Mr Chen

    by railsnkerm Jan 25, 2016 8:45 AM
    markp1950 markp1950 Jan 27, 2016 10:48 AM Flag

    Just about all the pumpers have left the building...... ACI board is a wasteland now. Coal Lovin' Woman left with all her messages....
    We have won! COAL IS DEAD!

  • And took her messages with it.....
    Like I said, I'll be here to turn the lights off......

  • Come on ACI you are way behind....... Your 10x split didn't help.... OK, we will count 10¢ as a penny as the others didn't split...

  • markp1950 markp1950 Jan 27, 2016 10:10 AM Flag

    The message board is dead, just like coal. They all have moved on.
    You DID NOT do any honest discussion. Continued lies will only cost you more.
    Now it's economics.
    What have you done for me today?
    You are failing to deliver.
    So we will now deliver......
    Old timers are now on free energy. Late comers will have to wait for a few years.....
    Another day, and the cost of renewables has dropped again.... And you can't keep up..... LOL!

  • markp1950 markp1950 Jan 27, 2016 8:13 AM Flag

    Vietnam is playing its part in kicking our global addiction to coal. With Indian coal imports falling and China implementing a three-year ban on new coal mines, there is a definite sense that change is in the air in Asia,” said Arif.

    “Driven by concerns from people more aware than ever of the health and environmental impacts of fossil fuels, we are on the cusp of an energy revolution. But it needs to move faster and policy announcement such as this are just the first step.”

  • Vietnam will effectively shelve the equivalent of 70 large coal power plants following an announcement from the Prime Minister Nguyen Tan Dung that the country would drop all further coal-fired power plant projects and move towards cleaner energy.

    “This huge win follows tireless work from environmental advocates highlighting the health and environmental impacts of the country’s coal expansion plans,” said Arif Fiyanto, Greenpeace Southeast Asia Coal Campaigner.

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