Business & Technology

Shilled to pieces

On election day, King Coal celebrates public relations ‘landslide’

Originally posted at the Wonk Room. —– The American Coalition for Clean Coal Electricity (ACCCE), the coal industry’s propaganda front group, is upbeat about this election day, as indicated by their press release today. ACCCE VP Joe Lucas claimed: If “support for the use of coal for generating electricity” were on the ballot today, it would win by a landslide. His choice of words is unfortunate, as landslides are only one of the many deadly hazards of coal mining, especially under the lax safety enforcement of the Bush administration. ACCCE is celebrating a poll that showed their $50 million propaganda …

Ethanol industry struggling

Big Ethanol, once all the rage, is tanking under the triple threat of inconsistent corn costs, the shaky economy, and falling prices for the product. Plans for new plants have been put on hold, and several companies have filed for bankruptcy; many analysts say significant consolidation is in the cards.

Wind fail

The European wind industry continues its march to dominance

The European energy market has been driven for years by restrictions on CO2 and taxpayer support for renewable energy. As a result, Europe boasts many of the biggest, strongest wind companies in the world. In the U.S., we largely leave the energy market up to the vagaries of rising and falling oil prices. As a result, our wind power industry is fragmented and underfunded — and now that oil prices are back down, on the ropes. As a result, the big European companies are getting set to buy up lots of smaller American companies to further cement their dominance. Then, …