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.
International efforts to address climate change solidified somewhat in December when nations agreed that more action is needed to meet a goal of containing warming to no more than 3.6 degrees Fahrenheit. That’s the degree to which the world’s top scientists believe warming must be held to avoid major human catastrophes. But the deal reached […]