The reaction from the coal industry was as expected but muted - one suspects they are feeling a little unloved at the moment as a result of massive market share loss to gas, wind energy and efficiency, over the last few years. Part of the reason also lies in the fact that the argument regarding the need to take action on climate change is looking increasingly settled and the public wants action.

Yet another major reason for limited industry response is that it is hard to claim that the new requirements will be hard to meet. Rapid decline in coal use since 2005 means that the US was already halfway to the 2030 goal on the day that the new standards were announced. Not bad!

The reaction from PM Harper was as expected but his GHG policies or more accurately, complete lack thereof, are looking increasingly out of touch as intimated by these comments from Premier Wall in February.

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Posted
AuthorJames Glennie