“Are we a bunch of naïve buffoons? I don’t think we are. I just think we are way too trusting.” — Former Wyoming Gov. Dave Freudenthal
Wyoming coal — in terms that coal is one of Wyoming's powerhouse economic drivers — is likely to continue to lose its share of the U.S. utility market to natural gas due in large part to huge operational successes in tapping shale gas reserves, a phenomenon that has changed geopolitics and the world energy picture. And rather than pull anthropogenic (man-made) CO2 from coal-fired power plant stacks for carbon sequestration, oil and gas drillers will instead chase after natural geologic reserves of CO2 to fuel a burgeoning enhanced oil recovery industry due to the high price of crude oil.
When it comes to climate policy, Wyoming’s congressional delegation is engaged in the same type of brinksmanship that downgraded America’s credit rating and sent the stock market plunging on Monday. Only the results of this hard-line, anti-regulatory tactic threatens to diminish the future of Wyoming’s coal industry, which injects about $1 billion into the state’s economy annually.
Lack of energy policy ‘delays’ Wyoming gasification project
A partnership between GE Energy and the University of Wyoming to build a coal-gasification research center to ensure the future viability of Wyoming coal has been “delayed” due to the lack of …