Monday, April 28, 2014

TWO GOALS DIFFICULT CHOICE

The European Union gets about 40% of its natural gas and 20% of its oil from Russia, not a good position to be in when you're doling out sanctions 

Talk about biting the hand that feeds you. Europe is noted for its environmental activists and for years many countries there have been trying to clean up their greenhouse act. A noble goal to be sure. But so is trying to stay warm during frigid winters


One of the big greenhouse bogey men for decades has been coal, that thick-smoke-producing cheap energy industries worldwide depended on for years. Japan after it's Fukashima nuclear disaster is now considering coal to supply some of its energy needs. And China with its own energy problems, according to most reports, is one of the worlds largest importers of coal.


And there are others including India looking at coal. Though most environmentalists won't admit it, alternative sources ain't the answer for a variety of reasons too numerous to discuss. 


(See http://ourfiniteworld.com/2014/04/23/eight-energy-myths-explained/.) Germany and Poland mine lots of the stuff. Coal is cheap as in the cheapest source of energy despite what many will say.

We're not predicting anything, but don't be too surprised if this turns out to be another chapter in what goes around comes around.

http://www.minyanville.com/sectors/energy/articles/Coal-Increasingly-Seen-As-Option-For/4/28/2014/id/54745



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