Obama, not natural gas has crushed the coal industry

Congressman Raul Grijalva offers a bogus analysis in the NYTimes.

Here’s the crux of Grijalva’s argument:

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There is no doubt the shale gas boom has finally made natural gas competitive with coal on a cost basis. However, what has pushed utilities to switch from coal to gas is stringent EPA regulation that has made coal more expensive for utilities to burn — i.e., older plants must be retrofit to meet new stringent emissions standards and utilities are being forced to reduce CO2 emissions.

The bottom line: Obama’s war-on-coal is preventing coal from competing with gas on a pure cost basis… just like he promised.

One thought on “Obama, not natural gas has crushed the coal industry”

  1. The cost of coal vs NG is about the same, and power companies like a bit of diversity in their energy sources, just in case there is a supply shock, they won’t be caught completely with their pants down. The difference is, the hostile environment against coal, and that is it.

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