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"New Power Plants Fueled by Coal Are Put on Hold"
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[quote user="eastside"] <p>[quote user="futuremodal"] </p><p>The <em>two industries that will suffer the mos</em>t from global warming fraud, in addition to the coal folks, are the railroads and the auto industry. [/quote]</p><p><font face="arial,helvetica,sans-serif" size="3">That's a pretty sweeping generalization there. </font><font face="arial,helvetica,sans-serif" size="3">Mind documenting the source of those assertions?</font><font face="arial,helvetica,sans-serif" size="3"> It's not obvious to me who the <em>two biggest </em>losers after coal will be, even that there will be big losers. How about oil, or tour operators to Vanuatu? I'd say it's even possible that rails and autos could eventually come out winners from global warming. Rails -- passenger, commuter, and freight -- especially have good reputations as being ecologically superior modes of transportation. </font><br /></p><p>[/quote]</p><p>Coal represents 40% of railroad ton/miles. Take that away, and you have massive railroad bankruptcies. If you think for a moment that railroads *win* with a supposed increase in passenger rail/transit/et al, you're smoking something. Hauling coal makes money, hauling people makes headaches.</p><p>The US auto industry is already losing due to this global warming craze. The only way US automakers can compete with lower cost producers in Japan et al is to make big vehicles with big markups. If those new CAFE standards hold true and those California zero emissions mandates become the standard (both are a result of this global warming fraud), the only types of vehicles that will be allowed are the smaller less profitable models, and the US auto industry will cease to exist. </p><p>Mind telling us how you think the US auto industry might *win* as you allege?</p><p>Oil is a commodity in short supply, thus reducing the rate of demand via these fix-it schemes only reduces the rate of gradual price increase. Oil companies will make money no matter what. The real losers vis-a-vis anti-oil legislation is the US consumer. </p><p>Not sure what your reference to Vanuatu has to do with anything. How would anti-coal legislation affect them? As far as I know, they don't have a coal industry there.</p>
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