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Saturday, March 8, 2014

Obama's "War On Coal" -- Pretty Much A War On American Consumers

Nothing like a little conflict in the Crimean to get the facts out. A picture is worth a thousand words:

It doesn't take a rocket scientist to figure out what's going on in Obama's war on coal. And this is "just" Europe. Imagine how much coal is being shipped to Asia from Australia and the United States. No wonder Canada dropped out of the Kyoto Protocol years ago.

By the way, how much is the "war on coal" costing Americans? At least $4/short ton of coal. Bangor Daily News is reporting:
The price for power plants to emit 1 ton of carbon dioxide in nine northeastern states cleared at a record $4 per short ton at the Regional Greenhouse Gas Initiative’s 23rd permit auction, the market’s administrator said Friday.
The electronic auction, held on Wednesday, raised a total of $93.96 million that can be used by the participating states to invest in clean energy and other consumer benefit programs.
"Clean energy and consumer benefit programs" are aka "slush funds" for the participating states.

For more on Russia, Europe, natural gas, and coal:

RUSSIA AND NATURAL GAS

Europe responds to high-priced Russian natural gas, January, 2014

Russian natural gas exports to Europe; American coal exports to Europe -- May, 2013 

Rising price of Russian natural gas, September, 2011



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So Much For All That Commercial Flight Security

Within hours of a Boeing 777 with 239 souls on board goes missing, the media is already reporting that at least two passengers were traveling on stolen passports. These passports had been stolen quite some time ago and one would think that computerized data bases would have this information -- unless, of course, this was "an inside job."

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