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Monday, November 19, 2007

Proud To Be Canadian .ca

Proud To Be Canadian .ca: "Speaking of CFLs, let’s not forget the mass tort lawsuit potential against manufacturers and sellers of potentially billions of mercury-containing CFL light bulbs that require special clean-up and disposal procedures. GE also has a business interest in coal -– a major source of CO2 emissions. The company makes turbines for traditional coal-fired power plants and is developing so-called “Integrated Gasification Combined Cycle” (IGCC) technology — a system for capturing CO2 from coal-fired electricity plants. Although GE needs greenhouse gas regulations to drive growth for IGCC, its entire coal business is threatened by alarmism and regulation that would ban or greatly reduce the use of coal-fired power plants. Recent environmental group pressure caused the cancellation of eight coal-fired power plants that TXU Corp. planned to build. The cancellation caused, in turn, TXU to cancel its orders with GE for steam turbine generators."

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