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After a strong counterattack, Big Coal makes a comeback : Comments
By Geoff Goodell, published 16/11/2010The fuel of the 19th Century has successfully and anachronistically forced its way into the 21st.
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Also, when coal (or gas) is burned it is used to heat water, which becomes steam, which drives turbines. The latent heat of evaporation and condensation are essential ingredients in how heat becomes electricity. So no, the coal exhaust does not strip turbines as it gets nowhere near them! Coal has been *extensively* researched for over 100 years...yes it is indeed near the end of it's innovation cycle! Renewables however, even in a hostile financial environment are becoming more viable every year.
When one accuses other's of ignorance it pays to be somewhat accurate.
Now some facts:
"Clean coal" is a marketing myth and can never be viable. Solar thermal is already cheaper.
Coal requires massive infrastructure: mining, transport, Generation and transport of power. Existing businesses are profitable because they only have to maintain the infrastructure...not build from scratch.
That infrastructure was subsidised heavily by governments as "nation building" exercises. (exactly the sort of spending the profiteers like to deride in political circles these days).
As the article states, the coal industry is spending up big to mis-inform the public (more anti-science), buy politicians and generally use warfare methods to remain a large part of the economy...not by becoming more efficient or by paying the costs that they currently pass off to the rest of society.
In short "Value" is benefits minus costs. The coal industry is overstating their benefits and denying the real costs. Of course they do, it's their job! What is sad is that politicians, respecting power above all else, are allowing them to screw us all so easily.