The timing of the latest Manufactured Housing Association for Regulatory Reform (MHARR) President and CEO Mark Weiss, J.D., “Issues and Perspective” comes on the heels of a new report by Real Clear Energy and the WND NewsCenter to MHProNews. Manufactured housing connected equities are broadly sliding concurrent with this report’s details. See that following the well documented insights about China, India, and the U.S. production of coal data that follows.
Coal production in India and China surging by 700 million tons per year Greater than all U.S. coal output
By WND News Services
Published June 12, 2022 at 11:11am
[Editor’s note: This story originally was published by Real Clear Energy.]
By Robert Bryce
Real Clear Energy
If you think the world is moving beyond coal, think again. The post-Covid economic rebound and surging electricity demand have resulted in big increases in coal prices and coal demand. Since January, the Newcastle benchmark price for coal has doubled. And over the past few weeks, China and India have announced plans to increase their domestic coal production by a combined total of 700 million tons per year. For perspective, US coal production this year will total about 600 million tons.
The surge in coal demand in China and India – as well as in the U.S., where coal use jumped by 17% last year – demonstrates two things: that the Iron Law of Electricity has not been broken, Second, it shows that it is far easier to talk about cutting emissions than it is to achieve significant cuts.
In April, China announced it will increase coal output by 300 million tons this year. Last month, India said it aims to increase domestic coal production by more than 400 million tons by the end of next year.
Adding the 700 million tons of new coal that China and India will be mining to the amount they are now producing leads to some staggering numbers. By the end of next year, China will be producing about 4.4 billion tons of coal per year and India will be mining about 1.2 billion tons. Add those together and you get 5.6 billion tons of coal, which is more than 9 times the amount of coal that will be mined in the U.S. this year.
As I point out in my latest book, A Question of Power, electricity is the world’s most important and fastest-growing form of energy. After writing that book, and doing further reporting, I coined the Iron Law of Electricity, which says that “people, businesses, and countries will do whatever they have to do to get the electricity they need.” The Iron Law matters because the electricity sector is the largest emitter of carbon dioxide emissions. And as the Iron Law states, politicians in countries like China and India are going to do everything they can to prevent (or reduce) blackouts, including burning more coal.
The Iron Law helps explain why coal continues to be a dominant fuel for electricity production today, nearly 140 years after Thomas Edison used coal to fuel the first central power station in Lower Manhattan. Coal persists because it can be used to produce the gargantuan quantities of electricity the world’s consumers need at prices they can afford. Indeed, coal’s share of global electricity generation has stayed at about 35%, since the mid-1980s.
In India, the push for more coal has led the government to give a “special dispensation” to the Ministry of Coal which allows the agency to relax environmental controls and public consultations so mines can produce more coal. As one media outlet explained, the move came after the government “received a request from the Ministry of Coal ‘stating that there is huge pressure on domestic coal supply in the country and all efforts are being made to meet the demand of coal for all sectors.’”
Of course, the surge in coal is going to hamper efforts to control emissions. Last year, United Nations Secretary-General António Guterres said there is a “high risk of failure” to reach a new climate accord unless politicians agree to slash their respective countries’ emissions. Guterres’ remarks came just a few days after the United Nations issued a report which found that global greenhouse gas emissions are likely to increase by 16% by 2030 compared to 2010 levels.
On Thursday, John Hanekamp, a St. Louis-based coal industry consultant, told me that “the incremental coal production in India and China is exceeding whatever coal-fired generation capacity that was retired in the US and Europe. Whatever policymakers thought they were achieving by getting rid of coal, they’ve effectively done nothing but increase the cost of energy,” he said. “We haven’t changed anything but make ourselves energy poorer.”
I will conclude with two points I have been making for more than a decade. First, soaring global electricity demand will largely be met in the near term, meaning the next decade or so, by burning more coal, oil, and natural gas. Why? Renewables cannot, will not, be able to scale up to meet soaring global demand for power.
Second, if the countries of the world are serious about reducing greenhouse gas emissions and providing more electricity to the 3 billion people now living in energy poverty, the only way to do it is with nuclear energy and lots of it. ##
Robert Bryce is the host of the Power Hungry Podcast, executive producer of the documentary, Juice: How Electricity Explains the World, and the author of six books, including most recently, A Question of Power: Electricity and the Wealth of Nations. Follow him on Twitter: @pwrhungry. ###
Additional Information, More MHProNews Analysis and Commentary in Brief
MHARR President and CEO Mark Weiss, J.D., was cited in a report linked below. His topic was the woke energy policies and their practical – i.e. harmful – impact on millions of everyday Americans.
MHProNews noted that Americans have become pessimistic about the future, and part of that is being driven by record high gas, inflation, housing, and other costs.
All that is occuring was predictable. Biden said why he signed executive orders on day one of his reign in the White House.
During the 2020 campaign, Biden promised his followers he would move away from fossil fuels. These comments occured well before Vladimir Putin began putting more troops on the Ukrainian border. Biden’s policies are the reason for the surge in fuel costs.
Record federal spending is a key reason for inflation. Put differently, MHARR’s Weiss contention is supported by evidence. More on this in a fuller analysis on MHARR’s efforts to help save entry level manufactured housing from the Biden-DOE plan.
Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 6.13.2022
- Crypto meltdown
- FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018.
- Bitcoin plunges below $24,000 and the downturn claims another casualty
- Stocks dive on fears of drastic rate hike
- Confused about the economy? Here’s what you need to know
- Stocks are falling, prices are skyrocketing. How to protect your money
- Tesla is trying an old trick to boost its stock. It may not work
- Coca-Cola is putting Jack & Coke in a can
- How this mom is using coupons to combat inflation
- Opinion: 3 signs the labor market isn’t as great as it looks
- ‘It’s war.’ Tensions remain high at first Amazon warehouse in US to unionize
- China urges college graduates to work in villages
- Men want pearls and they’re not afraid to wear them
- Apple may finally have to kill the Lightning port
- Film about conservative news figure Matt Drudge is underway
- A box of Kimberly-Clark Corp. Kleenex brand facial tissues is arranged for a photograph in Tiskilwa, Illinois, U.S., on Friday, Oct. 16, 2015.
- Where to hide in a bear market? Soda, peanut butter and tissues
- Federal Reserve Chairman Jerome Powell meets with President Joe Biden meets and Treasury Secretary Janet Yellen in the Oval Office of the White House, Tuesday, May 31, 2022, in Washington.
- The Fed may have to do something it hasn’t done since 1994 to tame inflation
- Space enthusiasts look at a prototype of SpaceX's Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. The Starship spacecraft is a massive vehicle meant to take people to the Moon, Mars, and beyond. (Photo by Loren Elliott/Getty Images)
- SpaceX gets key approval for Mars rocket test
- BUSINESS LEADERS
- CEO who fired 900 people over Zoom accused of misleading investors
- Apple’s CEO responds to evolving workplace dynamics
- 220 CEOs demand Senate action on gun violence
- Credit Suisse CEO blasts ‘really stupid’ takeover rumor
- Sheryl Sandberg’s complicated legacy at Facebook
- OUT OF STOCK
- The 68,000 square foot Huy Fong Foods, Inc. Sriracha hot chili sauce plant shown in April 2014.
- Sriracha shortage: What you need to know
- A tampon shortage is the latest nightmare for women
- Lettuce shortage forces KFC to offer cabbage in Australia
- Taco Bell is running out of Mexican Pizza
- Instacart: Baby formula searches surging
Headlines from right-of-center Newsmax 6.13.2022
- House Republicans Introduce Bill Rescinding No-Fly Zones Over Disney Parks
- The move is the latest aimed at Disney, which opposed Florida’s Parental Rights in Education law. That law forbids instruction on sexual orientation and gender identity in kindergarten through third grade. The Florida House of Representatives in April passed a bill to dissolve Walt Disney World’s private government. [Full Story]
- Russian Invasion of Ukraine
- Biden: Putin Aims to Wipe Out Ukraine Culture and Identity
- Economist Predicts Big Decline in Russian Economy
- Zelenskyy Tells Germany to Give Ukraine Support, Worry Less About Russia
- Zelenskyy Adviser Reveals Weapons Needed to End War With Russia
- Russia Says It Destroyed US, European Weapons in Eastern Ukraine
- Putin to Meet Heads of Foreign Companies in St. Petersburg
- Report: NATO Countries Stop Tanks to Ukraine
- More Russian Invasion of Ukraine
- Newsmax TV
- Blackburn: Biden ‘Trying to Crush’ Oil Industry | video
- Michigan GOP Candidate: Arrest ‘No Coincidence’ | video
- RNC Chair McDaniel: High Gas Prices ‘Intentional’ Under Biden | video
- Dershowitz: ‘Attempted Murder’ Overcharge in Kavanaugh Case | video
- Sessions: Dems Shocked Their Plans Don’t Work | video
- Norman: Jan. 6 Hearing ‘Complete Disaster’ for Dems | video
- Dershowitz: Schumer May Be ‘in Trouble’ for Incitement | video
- Herrell: Dems Using Jan. 6 as Distraction | video
- More Newsmax TV
- Agents Blame Biden for ‘No Morale’ at Border Patrol
- S. Border Patrol agents are blaming President Joe Biden for creating the lowest level of morale ever experienced among their colleagues, the Washington Examiner reported Monday…. [Full Story]
- Elephant Tramples Woman, Attacks Corpse at Funeral
- A woman in India last week was trampled by a wild elephant that later [Full Story]
- Amber Heard Says She Doesn’t Blame Jury for Siding With Depp
- Amber Heard says she doesnt blame the jury for siding with ex-husband [Full Story]
- Fox News Shocks Audience: Backs Trans Teenager, Parents
- Fox News stunned its audience Friday after it aired a sympathetic [Full Story]
- House GOP Members Introduce Bill Rescinding No-Fly Zones Over Disney Parks
- Troy Nehls, R-Texas, introduced legislation Monday that would [Full Story]
- Nuclear Victory Doesn’t Look Like a Mushroom Cloud
- We are told that “nuclear war cannot be won and must never be [Full Story] | Platinum Article
- Israeli Ruling Coalition Teeters as It Marks Year in Office
- A member of Israeli Prime Minister Naftali Bennett’s party said [Full Story]
- Supreme Court Limits Judicial Relief for Detained Immigrants
- The Supreme Court on Monday ruled that immigrants cannot band [Full Story]
- NY Gov. Hochul Signs Measures Bolstering Legal Protections for Abortion
- New York Gov. Kathy Hochul signed a pair of measures Monday that will [Full Story]
- Biden Says Putin Is Trying to Wipe Out Ukrainian Culture and Identity
- President Joe Biden has said Russian President Vladimir Putin is not [Full Story]
- Mick Jagger Has COVID-19, Rolling Stones Call Off Gig
- The Rolling Stones canceled their concert in Amsterdam on Monday, [Full Story]
- McDonald’s Russia Rebrand: ‘Tasty’ Name but no Big Mac
- It might look and smell like McDonald’s but now it’s “Vkusno & [Full Story]
- Ohio Eases Requirements for Teachers to Carry Guns in Schools
- Ohio GOP Gov. Mike DeWine on Monday signed a bill that significantly [Full Story]
- Education Department Gives $1.5M Grant to Uvalde School District
- The U.S. Department of Education on Monday announced that it will [Full Story]
- The Virus Causing Justin Bieber’s Facial Paralysis on the Rise in Young Adults
- Multi-Grammy award winner Justin Bieber has revealed that he is [Full Story]
- Judge Sides With Home Depot Against Workers Wearing BLM Clothes
- A federal judge last week ruled that Home Depot does not have to [Full Story]
- Family Sues, Claims Teen Daughter’s Instagram Addiction Led to Disorder
- Claiming that their daughter developed an Instagram addiction as a [Full Story]
- Jay-Z, Jack Dorsey Launch Financial Literacy Program in Public Housing Complex
- Jay-Z and Jack Dorsey have teamed up to launch a financial literacy [Full Story]
- Biden’s Frustration Growing Over Inflation: Report
- President Joe Biden has become increasingly frustrated at his [Full Story]
- Gallup: 52% of Teachers Feel Burned Out, Outpacing Other Jobs
- Workers in K-12 settings are more likely than other workplaces to [Full Story]
- Iran, Venezuela Fight US Sanctions 20-Year ‘Cooperation Roadmap’
- In an effort to counter crippling sanctions from the U.S., Iran and [Full Story]
- Pelosi Appears on ‘RuPaul’s Drag Race,’ Encourages People to Vote
- House Speaker Nancy Pelosi, D-Calif., appeared on a national [Full Story]
- Ex-Trump Campaign Manager Stepien Cancels Jan. 6 Panel Appearance
- William Stepien, a 2020 campaign manager for former President Donald [Full Story]
- United Arab Emirates Bans Pixar’s ‘Lightyear’ From Showing
- The United Arab Emirates on Monday banned the upcoming Pixar animated [Full Story]
- White Nationalist Group Members Face Riot-Planning Charges in Idaho Court
- Thirty-one members of the white nationalist group Patriot Front were [Full Story]
- New York City to Auction Sanctioned Venezuelan Mogul’s Apartment
- New York City plans next month to auction a midtown Manhattan [Full Story]
- S. Receives 190,000 Pounds of Baby Formula From Australia
- The United States on Sunday received 190,000 pounds, or “95,000 [Full Story]
- ‘MJ,’ Patti LuPone, Jesse Tyler Ferguson Win at Tony Awards
- “MJ,” a bio musical of Michael Jackson stuffed with the King of Pop’s [Full Story]
- Bernanke Believes Fed Can Pull Off ‘Soft-ish Landing’
- Former Federal Reserve chair Ben Bernanke said in a Sunday interview [Full Story]
- Pfizer COVID-19 Vaccine Safe, Effective for Kids Under 5
- Federal health officials said Sunday that kid-sized doses of Pfizer’s [Full Story]
- Cardinal Denies Pope Resignation
- On Wednesday, Cardinal scar Andrs Rodrguez Maradiaga denied rumors [Full Story]
- More Newsfront
- McDonald’s Russia Rebrand: ‘Tasty’ Name but no Big Mac
- It might look and smell like McDonald’s but now it’s “Vkusno & tochka.” The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia…. [Full Story]
- Will Money-Back Guarantee Win Over Wealthy Donors?
- REIT Prologis to Acquire Duke Realty for $26B
- COLUMN-Nowhere to Run, Nowhere to Hide as ‘stagflation’ Bites: McGeever
- How High? Markets Ramp up Terminal Rate Pricing as Inflation Bites
- More Finance
- The Virus Causing Justin Bieber’s Facial Paralysis on the Rise in Young Adults
- Multi-Grammy award winner Justin Bieber has revealed that he is suffering from Ramsay Hunt syndrome, a rare neurological disorder that can result in facial paralysis. Caused by the varicella zoster virus, which causes chicken pox in children and shingles in adults, the…… [Full Story]
- High Levels of PFAS Chemicals Linked to Hypertension in Women
- All About the Disorder Affecting Justin Bieber’s Face
- Justin Bieber Reveals Rare Disorder Behind Facial Paralysis
- Marathon US Hearings to Decide Fate of COVID Shots for Tots
MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” © Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” © features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting.
Manufactured Housing Industry Investments Connected Equities Closing Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates
‘Announcing!’ ‘Manufactured Community Owners’ Association of America’ ‘Finally Bringing Fight To Manufactured Home Community Sector of the Industry’ – plus Sunday Weekly Manufactured Housing Headlines Review
MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.
Sample Kudos over the years…
It is now 12+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.