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Michigan Energy Forum: Public Policy September 8, 2011
Coal Challenges ,[object Object]
No new groundbreakings last 2 years
Escalating capital costs
Escalating operating costs
Increased regulations,[object Object]
Carbon capture and sequestration ,[object Object]
Increases emissions from fuel extraction, processing and transportation
Infrastructure demand20 Gt CO2 from stationary sources Requires 5-10 times the throughput of all transportation fuels
Effect of air toxics rule Economic Policy Institute ,[object Object]
The Rule would create between 81,000 and 101,000 jobs in the pollution abatement and control industry.
Between 31,000 and 46,000 jobs would be lost due to higher energy prices leading to reductions in output.
Assuming a re-spending multiplier of 0.5, and since the net impact of the above impacts is positive, another 9,000 to 53,000 jobs would be created through re-spending.,[object Object]

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