[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

‘Who’s That Beautiful Face? How Old?’ – Biden Refuses to Answer Questions From Reporters But Creeps on Child During Visit to His Childhood Home

Black American Actor Calls For The End Of Racial Division In The US

Wisconsin Man in Hate Crime Killing Says He Intentionally Swerved Truck because He Believes Harley Drivers to be “White Racists” — Murdered former Cop

Racist? Black Jeopardy with Tom Hanks - SNL

Alan “The-State-Can-Plunge-A-Needle-In-Your-Arm” Dershowitz Is In Epstein’s “Little Black Book”

Banned Video: Get Ready For The Great Reset

The Former Lady Antebellum Music Group Is Now Suing Black Soul Singer ‘Lady A’ Over Name Change

NEW HATE HOAX: Police Stop Investigation into Racist Notes Left on Car After ‘Victim’ Refuses to Cooperate

Vallejo PD says Sean Monterrosa was at half-kneel when he was fatally shot in back of head by officer

NBC News Throws Affirmative Action Into Overdrive

Remember this? Never back down to #BLMTerrorists Patriots never take a knee to. Bullies

Can Biden Even Say the Words “America First”?

‘Pull up your pants & finish school’: Would CNN’s Don Lemon cancel himself over shockingly unwoke 2013 tips to black community?

Another "Hate Crime" Hoax - Oregon politician wrote racist letter to himself, police say

Scrabble Players Association to ban 238 words that cause harm, even on a board

Pathetic: ABC Stokes Racial Tensions for Ratings

Mocking Masks

Occultism Is the Religion of Millennial Progressives

VIDEO: Ex-Wide Receiver Catches Child Thrown from Burning Building

CDC admits COVID-19 ‘positive result’ just means you’ve previously contracted the “common cold”

Churches Were Eager to Reopen. Now They Are a Major Source of Coronavirus Cases.

Students Say They Will Sacrifice Free Speech To Avoid Offending People

Facebook waives “hate speech” policy to allow pro-LGBT hate speech against white men

Black Lives Matter Philadelphia leader proposes five-year plan to abolish police

Mary Trump’s explosive tell-all about the president details her uncle’s comments about her breasts, his cheating on the SAT exam, and how his own sister called him a clown.

Cancel Culture Is Out of Control

The Madness of Political Correctness

White Kid’s “Privilege” Didn’t Save Him

US Officially Withdraws From World Health Organization

Angry Lesbians Release America-Hating Remake of Lee Greenwood’s Classic for 4th of July

Fairmont cop drove twice the speed limit in a fatal crash. He won't be charged.

Manhattan DA Charges White Woman For Calling 911 On Black Man Who Admitted He Threatening Her

153 "Left-Leaning" Economists Say US Should Continue To Hand Out Free Money Indefinitely

Ilhan Omar Calls For ‘Dismantling’ Of U.S. ‘Economy & Political Systems’

WHO Created Global Pandemic Panic Based on Fraudulent Data and Its Leader Tedros is Connected to Islamic Terrorism and Is a China Puppet

Coronavirus Death Rate Plunges As MSM Breathlessly Hypes ‘Surge’ In Confirmed Cases; McEnany Sets The Media Right

Nation That Kills 3,000 Babies A Day Feels Morally Superior To Slaveowners From 200 Years Ago

Picture of The Day: Left-Wing Fireworks

Trump rips Redskins, Indians for eyeing name changes to be 'politically correct'

This headline is real: It’s from a feminist, of course

BLM Teacher Says 2+2 Only = 4 Because of “Western Imperialism”

150 Top Intellectuals Sign Open Letter Decrying Cancel Culture

Gavin Newsom caught wiring half a billion dollars to communist China in massive face mask money laundering scheme

Victims speak out after July 4th assault

Ann Coulter Warns: ‘Get Ghislaine Maxwell On Tape’ Before She Dies Like Epstein

Walt Disney Signs Colin Kaepernick in First-Look Deal the Weekend After He Calls Independence Day a “Celebration of White Supremacy”

Democrat hypocrite of the Year: Newsom Triggered When Constituent Asks Why His Business, Plumpjack Winery, Received COVID Relief Loan

A group of armed black protesters march in Georgia, US

The end of the observance of the Last Supper

Another conservative celebrity - Susan St. James.


Status: Not Logged In; Sign In

Business
See other Business Articles

Title: Iconic plant's end spells doom for struggling coal industry
Source: AP
URL Source: https://apnews.com/ece48ac60642d759764e37e55fbc744d
Published: Mar 25, 2020
Author: DYLAN LOVAN
Post Date: 2020-03-25 12:02:07 by Willie Green
Keywords: None
Views: 90
Comments: 1

DRAKESBORO, Ky. (AP) — President Donald Trump tried to stop it from happening. The top Republican in the Senate, Mitch McConnell, did too.

Despite their best efforts to make good on Trump’s campaign promise to save the beleaguered coal industry, including an eleventh-hour pressure campaign, the Tennessee Valley Authority power plant at Paradise burned its last load of coal last month.

The plant’s closure — in a county that once mined more coal than any other in the nation — is emblematic of the industry’s decadeslong decline due to tougher environmental regulations, a major push toward renewable energy and a rise in the extraction of natural gas. The shuttering of businesses nationwide and a reduced need for energy amid the global coronavirus pandemic threatens to deal coal yet another devastating blow.

“It’s not just one 1,000-megawatt unit closing; they’re going down all over the place,” said John Rogers, a former mine owner who lives in western Kentucky near the Paradise plant, located in Muhlenberg County.

When coal-burning plants close, coal mining loses its best customer. Since 2010, 500 coal-burning units, or boilers, at power plants have been shut down and nearly half the nation’s coal mines have closed. No U.S. energy company, big or small, is building a new coal-burning plant.

Employment in the U.S. coal industry is the lowest in decades. Coal mine jobs have dropped by nearly 50 percent in the past decade to about 50,000 — a far cry from the 900,000 workers who were digging in coal mines when the industry hit its peak in the 1920s.

Electric utilities are telling investors and customers that coal costs too much, mostly because of the money it costs to offset environmental effects, such as the release of carbon dioxide. Blackrock, the world’s largest asset manager, informed its clients in January that it would no longer invest in companies that get more than 25% of their revenue from burning coal.

Electric utilities — and their customers — have instead embraced renewable energy and cleaner-burning gas burned in combined cycle plants, which have a smaller footprint and about a tenth of the workers of a coal plant. One such plant opened in the Paradise plant complex in 2017.

“I saw the decision to proceed with the retirement of Paradise ... as a sign that both the markets and the American people have turned so strongly away from coal,” said Mary Anne Hitt, who leads the Sierra Club’s campaign to end the use of coal.

During his two terms in office, President Barack Obama aggressively pushed wind, solar and other sustainable energy sources as alternatives to coal and other fossil fuels that scientists say exacerbate global warming.

In an interview with The Associated Press last year, the head of the Environmental Protection Agency, Andrew Wheeler, said the TVA plant was closing its coal unit at Paradise “because of the Obama administration’s war on coal.”

In fact, the U.S. Energy Information Administration has said a chief driving force behind the demise of coal-fired plants is flat energy demand and competition from less expensive energy options such as natural gas and renewables. The Trump administration and the industry have long cited stiffer environmental regulations as a contributing factor.

“They almost had a single-minded focus on trying to close down” coal plants, said Wheeler, a former coal lobbyist.

Rogers agrees. He calls the former president a “genius in cutting off the head of the coal industry.”

“When you can no longer burn coal, you can’t sell it anywhere,” Rogers said.

President Trump has tried to change that, rolling back environmental regulations for the industry and taking other actions included on a wish list that one of his major donors, Bob Murray, sent him shortly after his inauguration.

Until recently, Murray ran the largest privately owned coal company in the U.S. His company has since declared bankruptcy, and a Kentucky mine he owned that was supplying the Paradise plant has also closed.

When the TVA announced it was shutting down the Paradise plant last year, Trump ally and then-Gov. Matt Bevin held a rally in the county, while Senate Majority Leader McConnell publicly urged the board to keep the unit open in his home state. Seemingly working in their favor was that four of the seven board members had been appointed by Trump.

But even that wasn’t enough. The Paradise plant’s last coal-burning unit was closed by the Trump-majority board, because of a TVA staff recommendation that keeping the plant open didn’t make economic sense.

Former TVA president Bill Johnson, who supported the closure in February 2019, noted that the unit is old and sluggish, and would only run about 10 percent of the time.

“These plants were designed for a time and a system that’s far different from what we have today,” Johnson said.

With the closure of the plant and coal mines following suit, the economic impact has been harsh in Muhlenberg County, which was once the nation’s top producer of coal. Folk singer John Prine immortalized the area in the 1970s with his song lamenting the environmental destruction wrought by coal mining.

“We’ve been dependent on the coal industry for many years,” said the county’s top elected official, judge executive Curtis McGehee. “It’s provided a lot of good employment, and for us it has been a way of life.”

In the 1970s and ’80s, the county had about 3,500 working miners. The latest employment numbers from last year show there were about 250.

McGehee said life in the post-coal era has been “rather gloomy.”

Jason Decker worked at the plant for 20 years. An assistant operations manager, he’s now working at another TVA plant in Paducah, Kentucky. He watched as TVA spent hundreds of millions of dollars upgrading the plant only to shut it down.

“It’s got to the point it’s probably the best I’ve seen it run in the 20 years I’ve been here,” Decker said. “And it’s kind of hard just to let that go.”


Poster Comment:


Screw Mitch McConnel & environmental regulation whiners... EPA restrictions aside, coal is just plain dirtier and economically inefficient compared to natural gas... It's simply less expensive & more efficient to drill, transport (pipeline) & burn natural gas than it is to mine,transport (truck/rail) & burn coal... Coal is obsolete economically, and environmental constraints have nothing to do with it...

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Willie Green (#0)

“When you can no longer burn coal, you can’t sell it anywhere,” Rogers said.

Correction: When you can no longer burn coal in the U.S., you can sell it everywhere else.

misterwhite  posted on  2020-03-25   13:14:43 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Mail]  [Sign-in]  [Setup]  [Help]  [Register] 

Please report web page problems, questions and comments to webmaster@libertysflame.com