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Obama administration trying to push coal out of energy mix - Worker

Steel News - Published on Tue, 10 Jul 2012

According to Mr Bob Corker US Senator that coal as a natural resource sure has a lot stacked against it now.

The Tennessee Republican a member of the Senate Energy and Natural Resources Committee has argued coal-fired utilities need additional time to comply with federal clean air regulations known as the Utility MACT rule to avoid higher energy prices that might harm consumers and businesses.

Mr Corker said he has told President Barack Obama administration that its clean energy standards are pushing toward having zero coal in our energy mix by the year 2035. He said that “We will be the first great nation ever, if that occurs to not utilize the natural resources that we have to produce energy.”

Mr Corker said “Don’t we really want all manufacturing and industrial companies to grow in our nation? The way to do that is have the least cost energy you can possibly have. I think coal is still going to be a big part of the mix. I don’t think the last chapter has been written on all of these (federal) rules, but there’s no question that TVA and others are going to be using far, far less (coal). I think the appetite in China and other places is still going to be huge. Coal will still be a viable source of energy.”

Aside from coal, Mr Corker talked about his re-election bid. He faces opposition from four Republicans in the primary. Seven people are vying to be the Democratic nominee while there are five independents on the general election ballot.

Mr Corker’s campaign reported having more than USD 8 million cash on hand at the end of the first quarter, while none of his opponents reported having more than USD 100,000 in their campaign accounts.

Mr Corker will soon be airing a TV ad with him calling for a simpler, progrowth tax system that encourages job creation. If re-elected, Mr Corker has an opportunity to move up in the pecking order on both the Senate Banking and Foreign Relations committees.

Mr Corker pledged that “I told you a year ago that my campaign was going to be one thing continuing to serve in the Senate and doing what I’m doing. You’re not going to hear rhetoric or anything like that.”

Mr Corker also promised to have 1,000% focuses on addressing federal debt.

He added that “I think the nation knows we have to deal with it. It’s been around long enough that people in the House and Senate know what has to happen.”

Mr Corker also reflected on GOP presidential challenger Mitt Romney chances to defeat Obama. He said that “People were polarized at the end of 2008. People hated (President George W.) Bush the war in Iraq and we still functioned. We got through the financial crisis.

Source - Times News


Posted By : admin on Tue, 10 Jul 2012
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