Posts Tagged ‘amount’
Posted in Turning coal into gasoline-like fuel has several advantages. It would use America’s vast coal reserves. It would reduce the nation’s thirst for foreign oil and help dampen spikes in energy prices. There’s just one problem: It is not “climate friendly” – at least, not yet.
Coal-to-liquids (CTL) fuels could end up emitting nearly double the carbon dioxide that the equivalent amount of gasoline does, mostly because of the way it’s manufactured. The CTL industry says new technology will fix the problem. But because such technology is not yet developed, it’s unclear whether CTL fuels would be competitive without state and federal subsidies, even competing against high-priced diesel, jet fuel, or gasoline, analysts say.
That’s where politicians come in. The National Mining Association has ramped up Capitol Hill lobbying, creating a new coalition and website, futurecoalfuels.org. Many in Washington are warming to the idea. CTL bills in the House of Representatives and the Senate have received strong backing. Read the rest of this entry »
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