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AB32 and the Coal Energy Industry OR How I Became The Way I Am By Dr. Ted Guth.

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Presentation on theme: "AB32 and the Coal Energy Industry OR How I Became The Way I Am By Dr. Ted Guth."— Presentation transcript:

1 AB32 and the Coal Energy Industry OR How I Became The Way I Am By Dr. Ted Guth

2 Pb

3 CH 2 O

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7 Greenhouse Gas Regulations/Compliance Alias The Consultant Relief Act

8 CARB We’ve Upped Our Standards Now Up Yours

9 AB32 HAS BEEN CALLED: UNIQUE (Only Impacts CA) EXPENSIVE ($1MM Annual Cost to 10MW Plant) PREJUDICIAL (Combustion Sources Only)

10 LAUGH, WE THOUGHT WE’D NEVER START IRONIC (EPA Cites CA Units as Example; CARB vs EPA) COMPLEX (Scientists Disagree; “Global Warming” Now “Climate Change”) CONFUSING (Even to CARB, Already Completely Changed Software) FRUSTRATING (Governor Unaware; CARB Thinks Fees Just “Pass Through”)

11 Fuel for Thought

12 The Coal Hard Truth

13 PRICE OF ELECTRICITY GAS TURBINE 5-10*¢/Kw-hr COAL (CFB) 6¢/Kw-hr BIOMASS 8-11¢/Kw-hr** SOLAR 15-25¢/Kw-hr** WIND 25-35¢/Kw-hr *Depends on Natural Gas Price ($2- $12/MMbtu) **Depends on Subsidies

14 FATE OF THE 7 COAL-FIRED PLANTS IN CALIFORNIA 3 BAKERSFIELD – ALL CONVERTING TO BIOMASS OR GAS 2 STOCKTON – 1 TO BIOMAS – 1 SHUTDOWN 2 TRONA – 1 TO GAS/SOLAR – 1 TO STAY COAL (WITH CO 2 SEQUESTRATION)

15 CO 2 CONTROL OPTIONS USE LESS FUEL SWITCH TO GAS OR RENEWABLE SEQUESTER CO 2 USES: –PROCESS –EOR –NOT FOOD GRADE –DRY ICE/FIRE EXTINGUISHERS

16 RENEWABLE ENERGY BIOMASS GEOTHERMAL SOLAR WIND HYDRO NUCLEAR

17 ACE IS THE PLACE AWARD WINNING 110MW CEC FACILITY BIOMASS NOT AVAILABLE (TRANSPORTATION COST) LOTS OF SUN NATURAL GAS LINE CAN UTILIZE EXISTING COOLING TOWER, ELECTRICAL EQUIPMENT, MAYBE STEAM TURBINE & BOILER CURRENT THINKING: 120MW GAS TURBINE PLUS 40 MW SOLAR

18 SOURCES OF CO 2 --COMBUSTION --TRAINS, PLANES,AUTOMOBILES --BEER/CHAMPAGNE --SOFT DRINKS --BREATHING

19 RELATIVE ANNUAL CO 2 EMISSIONS IN CALIFORNIA AUTOMOBILES IN CA = 200 MILLION TONS/YR CO 2 BREATHING - 1 KG/DAY/PERSON = 18 MILLION TONS/YR CO 2 6 COAL PLANTS GOING AWAY = 6 MILLION TONS/YR CO 2

20 TREES NEED CO 2

21 AB32 WILL NOT RESULT IN A BLIP ON THE SCREEN

22 THE GOOD, THE BAD AND THE EXPENSIVE

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24 First Time Shame on You, Second Time Shame on Me OR Can You Say Risk Money? Sure You Can Financial community will be skittish to invest in new plants if existing plants are abandoned.

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