Coal projects to exceed $20 billion for 2011
The industry has responded to unswerving environmental legislation and regulation, resulting in billions of dollars of power plant environmental retrofits in recent years mandated to fight NOx, SOx, particulates, and now mercury and CO2. All the while, coal-fired power plants continue to supply 50 of the nation's electricity at relatively inexpensive prices.
While about 9,200 megawatts of replacement coal-fired capacity is under construction in the U.S., new coal-fired unit development has come to a standstill in 2010. However, there are opportunities for equipment and aftermarket service providers, on more than 350 maintenance and capital projects scheduled to begin construction in 2011. These projects total more than $20 billion.
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Trudeau vows to regulate oil and gas emissions, electric car sales
TORONTO - Liberal Leader Justin Trudeau vowed to regulate total emissions from Canada’s oil and gas producers as he laid out his first major climate change promises of the campaign Sunday, a plan that was welcomed by several environmental and climate organizations.
Trudeau said that if re-elected, the Liberals will set out regulated five-year targets for emissions from oil and gas production to get them to net-zero emissions by 2050, but also create a $2 billion fund to create jobs in oil and gas-reliant communities in Alberta, Saskatchewan and Newfoundland and Labrador.
“Let’s be realistic, over a quarter of Canada’s emissions come…
