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EPA plan won’t change price advantage of gas over coal

first_imgEPA plan won’t change price advantage of gas over coal FacebookTwitterLinkedInEmailPrint分享The New York Times:America’s ailing coal industry was buoyed on Tuesday when the Environmental Protection Agency unveiled a proposal to relax pollution regulations on coal-fired power plants. President Trump traveled to West Virginia to tout the planned measure, telling supporters, “We’re putting our great coal miners back to work.”Yet the reality on the ground for the nation’s coal industry remains bleak. Even the Trump administration’s own numbers suggest that its latest proposal won’t reverse the sharp decline of coal power, which has been crushed by competition from cheaper natural gas and renewable energy over the past decade.More than 200 coal plants have shut down since 2010, and another 40 plants have announced they will close in the years ahead, with virtually no new coal plants being built today.At best, if finalized, the E.P.A.’s newest rollback could help a small number of those endangered coal plants stave off retirement for a bit longer, albeit at the expense of increased air pollution. But even in that scenario, the agency’s own analysis showed, coal power would still decline by 20 percent between now and 2030 and coal mining would drop by one-third. “This is like throwing a few snowballs into a blizzard,” said Tom Sanzillo, director of finance at the Institute for Energy Economics and Financial Analysis. “You might see a plant here or a plant there that benefits from the new rules. But we’re talking about very minor changes compared with the significant gap between the cost of coal and the cost of natural gas.”More: Trump’s New Pollution Rules Still Won’t Save the Coal Industrylast_img read more

Hazard dreaming of title

first_img Press Association Eden Hazard dreams of Chelsea winning the Barclays Premier League this season. The 23-year-old paid tribute to them and, in particular, to Frank Lampard, who passed on penalty-taking duties to allow the forward to net his third. Hazard, whose most recent hat-trick was in May 2012 in his last game for previous club Lille, added: “It’s a good present. Without the team I’m nothing. “I just want to say thank you. Thank you, Lamps, for the penalty, because normally it’s for him. “I just said ‘if you want it, take it, I don’t care’. He said ‘no, no’. “(It is) my first hat-trick in the Premier League. I hope I can do the same another day. I work for that.” Hazard is realising the potential which he demonstrated last season, his first in the Premier League. He added: “I work every day. I feel good on the pitch. I have experience now, because last season was my first. “I try every game to make the difference for the team. It was another good day for me.” It was another challenging day for Newcastle, who have four points from the last seven games. The defeat was the second successive 3-0 defeat following the derby loss to Sunderland and defender Steven Taylor hopes for a response against Tottenham on Wednesday. “We’ve just got to keep building,” Taylor said. “Wednesday is a massive night at St James’ Park and for us hopefully we can get three points if we take the game to Tottenham and attack.” Taylor vowed that the players would remain united after the departure of Yohan Cabaye to Paris Saint-Germain and Joe Kinnear’s resignation as director of football. He said: “It’s just the media and speculation and what everybody wants to write about that is causing a few things. “They can say what they want but the players and the coaching staff are just going to stick together because we are in it together.” The Belgian’s hat-trick in Saturday’s 3-0 win over Newcastle saw the Blues capitalise on Arsenal and Manchester City dropping points to take pole position with 13 games remaining. Jose Mourinho continues to play down the Blues’ title chances, but Hazard is optimistic of success. Hazard told Chelsea TV: “Top of the league. I go in my bed, I dream. I hope at the end of the season it will be the same. “It’s a pleasure to play for this team and to work for that.” It was another impressive performance from Hazard, who has attracted plaudits from all-comers this season and now has 14 goals, 12 of them in the Premier League. He netted two goals in eight first-half minutes, as well as a second-half penalty, and Mourinho does not understand why the Belgian has been overlooked for individual awards this season. “Our league is phenomenal and it is better than ever, but our league must be full of unbelievable players because this kid not one single award,” Mourinho told Chelsea TV. “The difference between (Newcastle) and Hull or Southampton or Man City, the difference was the goals he scored. “The way he plays is exactly the same. The kid is playing fantastic.” Hazard collected the match ball, which his team-mates signed. last_img read more