Not that there is anything wrong with using coal when it makes commercial sense. The demonisation of carbon dioxide is a religion built on a hypothesis which in turn is based on “it must be the cause of global warming” and not on any evidence whatever. In consequence the world-wide drive to reduce carbon dioxide emissions is an unnecessary, expensive and ultimately pointless exercise.
The religious and thoughtless opposition of the “greens” to any use of fossil fuels has led them – especially in Europe – to trying to block exploration, production and exploitation of shale gas. But as with so many “environmentally correct” decisions it turns out to be counter-productive to their own misguided objectives. In Europe this together with the availability of cheap US coals has only served to promote the greater use of coal and an increase in carbon dioxide emissions. The blind pursuit of renewable energy in Europe has already given the highest electricity prices in the world. While the increased emissions of carbon dioxide through greater coal use does not itself matter, the consumer will have to pay even higher electricity prices than would prevail if shale gas were exploited.
BRUSSELS/LONDON, Sept 25 (Reuters) – Shale gas has jolted traditional roles in the planet’s climate drama, giving cleaner fuel to the United States, whose displaced coal has headed to Europe to pollute the old continent.
It is an ironic twist for the European Union, whose energy policy is largely based on promoting renewables and a target to cut emissions b y 20 percent by 2020. The U.S. did not ratify the Kyoto Protocol to combat global emissions and its national goals are far less ambitious than Europe’s.
