Just as soon as the price of electricity generation from natural gas is lower than from coal the problem will be solved. Natural gas will replace coal automatically by profit-driven producers.
However, we must separate the production cost from the regulation cost. If natural gas is made less expensive because of taxes and regulations on coal intended merely to force producers to use gas then the net result will be the opposite of the public good.
There is also the fact that subsidies to producers of alternate sourced energy result in kickbacks to politicians in the form of campaign contributions, just look at Solyndra for evidence. But there I go again, turning every discussion into a political one even when it is apt.
I apologize that what I intended as a compliment to you was taken as condescending. I don't even know what your education was or where it was acquired. However, I do appreciate the fact that you do not (often) use ad hominem arguments and instead try to counter with facts well sourced.
I guess I need an editor for my comments as well as for my posts.
That chart is based on 2007 prices. Nat gas is a lot cheaper now. And its often not the fuel source as much as the age of the generators used to produce the electricity, as well as their efficiency rating.
And "to the extent of my education?" Really, Fred, way to be condescending!!
Good point @BigJim, but tell me is "changing the channel" much the same as what the Ostrich does when it hides its head in the sand? At least @Noreen deals with questions directly to the extent of her education and beliefs.
I'll be happy to switch "ponies" when you are able to provide alternate reasons for our current situation, other than the policies of those in office, on both sides I might add.
One of my grandpaps was a tailor who after working 14 hours climbed 6 stories to his three room loft in a tenement in New York to be with his eight children and his wife. He was dead 10 years before I was born.
The other grandpap was a tailor in Brooklyn who died when he was 96. Interesting stories but they have nothing to do with the fact that this country owes $15 trillion to its future generations and currently the cost of electricity by natural gas is much more expensive than from coal, as you can see below.
All forms of energy should be used, not just the ones produced by campaign donors at Solyndra and wind farms.
Really good points on the uneven recovery Noreen. And like you, I see this as far more indicative of policies (both public and private) rather than politics.
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Voters feel more favorable about an incumbent president when the economy is good. So expect the Obama administration to do everything possible to push up the market.
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