Peabody Energy President and Chief Executive Officer Glenn Kellow today praised the Supreme Court’s decision to overturn the U.S. Environmental Protection Agency’s (EPA) Mercury and Air Toxics Standards (MATS) rule for power plant emissions.
The Obama administration, the Environmental Protection Agency and environmental activists frequently claim that climate change will disproportionately affect poor and minority communities.
This, they argue, justifies unprecedented environmental regulations like the EPA's soon-to-be-finalized "Clean Power Plan" to cut U.S. greenhouse gas emissions by 30% by 2030.
But what effect will the regulation itself have on minority communities? A new study commissioned by my organization, the National Black Chamber of Commerce, answers this question.
By Harry C. Alford, President/CEO, National Black Chamber of Commerce
Bringing electricity to developing nations has been a global effort for the past 20 years and, according to a recent study released by the Manhattan Institute’s Center for Energy Policy and the Environment, coal has brought light, economic prosperity and a higher standard of living to hundreds of millions of people… far more than any other source of energy.
The EPA acts as though it has the legislative authority to re-engineer the nation’s electric generating system and power grid. It does not.
As a law professor, I taught the nation’s first environmental law class 45 years ago. As a lawyer, I have supported countless environmental causes. And as a father and grandfather, I want to leave the Earth in better shape than when I arrived.
By: Laurence H. Tribe
Article published in the Wall Street Journal. Reproduced with permission from Dow Jones and Company, Inc.
Increased energy access is key to lifting citizens out of poverty. China’s efforts in recent decades to improve poverty rates and raise the overall quality of life for Chinese people have been successful in large part because of the role coal plays in extending energy access.
The world has major energy needs that will continue to grow in coming decades. By 2050, GDP is forecast to rise 250 percent, electricity generation would be up 110 percent, steel production would increase by 125 percent and world population would reach an amazing 9.6 billion. Meeting these enormous needs requires an “all of the above” energy strategy.
With coal as its primary energy source, China has grown to become the second-largest economy in the world. But that’s no surprise: Throughout much of its history, China has relied on coal for energy, and has been the world’s biggest coal producer for most of the past 2,000 years. More recently, this reliance on abundant, affordable coal has played a central role in driving China’s unprecedented industrial and economic growth.
Since the Industrial Revolution, coal has been a mainstay of Australia’s economy. Coal’s ability to deliver jobs, foreign income and affordable electricity has made it crucial to the nation’s prosperity, and will continue to do so for decades to come.