The progressive socialist Democrats have destroyed more then 6000 jobs in this country for this very reason, demanding the coal industry will destroy the planet. And now they are attacking the 'fracking' process that will create millions of jobs and bring prosperity to this country as destructive.
Developing Countries Need Coal-Fired Power Plants
Source: Bjørn Lomborn, "The Power to Develop," Project Syndicate, December 12, 2013.
December 19, 2013
Coal has lifted 680 million people in China out of poverty over the past 30 years, says Bjørn Lomborn, director of the Copenhagen Consensus Center.
Too many people are unwilling to acknowledge the environmental tradeoffs needed to improve the lives of the poor across the world.
- Coal provides cheap and reliable power, which leads to development.
- Chinese cities like Beijing have bad smog problems from coal, but the economic tradeoff has been well worth it.
- In 1982, the average Chinese person earned $585 per year.
- In 2012, the average Chinese person earned $7,958 per year.
- Both the United States and the United Kingdom abstained from the World Bank vote to finance a coal-fired power plant in South Africa in 2010, even though the United States admitted that without a plant, South Africa's "economic recovery will suffer, adversely impacting electrification, job creation and social indicators."
- This year, both countries announced that they would not back international finance for coal-fired power plants in developing nations.
- In South Africa, coal costs just $0.09 per kilowatt hour (kWh).
- In Ethiopia, Ghana and Kenya, electricity costs from hydropower, gas and oil will likely be between $0.16 and $0.25 per kWh.
- Solar lights, on the other hand, cost $2 per kWh.
Too many people are unwilling to acknowledge the environmental tradeoffs needed to improve the lives of the poor across the world.
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