Coal Fail Wednesday

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President Donald Trump’s coal push is losing power as America goes green. An administration plan to subsidize solid fuels has stirred a backlash from industry, which fears it will distort power prices. Meanwhile U.S. carbon emissions from coal fell at a record pace in 2015. Environmental and economic forces are conspiring against the president’s campaign pledge.

In September, Secretary of Energy Rick Perry proposed that the Federal Energy Regulatory Commission adopt new grid rules that would effectively subsidize coal- and nuclear-powered electricity producers. The feedback has been strongly negative. Respondents ranging from grid operators to oil and gas trade groups to Brooklyn-based arts and crafts website Etsy have opposed the plan. The commission is supposed to take a decision by Dec. 11, but on Tuesday Chairman Neil Chatterjee told an industry publication the commission might order a new round of study to ensure that whatever decision it takes can stand up to legal scrutiny.

Coal’s future may not brighten even if FERC adopts Perry’s plan. On Monday, the U.S. Energy Information Administration said coal emissions fell by a record amount in 2015. There were big declines in states that were key to Trump’s election victory, including Ohio and Pennsylvania. And the ultimate irony came in Perry’s home state of Texas, which recorded the largest drop and enjoyed a surge in wind power.

@ REUTERS

About Den

Always in search of interesting things to post. Armed with knowledge and dangerous with the ladies.
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10 Responses to Coal Fail Wednesday

  1. Den says:

    Goody, goody, goody. Coal needs to stay in the ground.

    Like

  2. Den says:

    Moving at a coals pace around here, lurkers about however.

    Like

  3. David B. Benson says:

    A chore and an errand accomplished, anyway.

    Like

  4. Micki says:

    Checked in.

    Hello Everyone!

    Like

  5. Den says:

    Ah there you are!

    I’m attempting to get a few Twitter followers to give us their 2 cents worth here, no one is a stranger however some are strange, we welcome all unless you are some right wing whack job with a troll attitude, polite participants only please.

    Like

  6. David B. Benson says:

    Hillside Cafe in the standard 14 minutes; ham steak dinner.

    Like

    • David B. Benson says:

      To Kimbrough for a trombone concert. The player is principal in the Spokane Symphony Orchestra; was he good. Then home in the light drizzle for a daily total of 29 minutes.

      Day 4: 142+29=171 minutes.

      Like

  7. Den says:

    Eating well, beats my Stouffers Swedish Meatballs.

    Like

  8. Den says:

    Swedish meatballs done without factory help:

    Like

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