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

1970's Coronavirus Public Service Announcement

Sports Illustrated Swimsuit Issue Features Guy in a Bikini

Unidentified Suspect Seen Defacing NYC Mural To Read 'Orange Lives Matter'

Genius Trump Wears Mask Causing Media To Question Effectiveness Of Masks

Black Lives Matter Sociopaths Raid Facebook Page of Young Mom Murdered for Saying ‘All Lives Matter,’ Torment Her Family

The Second Coming

Whistleblower: New Epstein Tapes Show Top Supreme Court Justice Being Blackmailed

‘People Are Going To Be Shocked’: Bannon Claims Wuhan Lab Employees Have Defected, Are Working With FBI

OK, Let’s Give Them Reparations—If They Go Back to Africa

McCloskeys Disarmed: GOP Pushback Finally Begins?

Satan Invoked to Punish Campus Conservatives

150 Minneapolis Police Officers Want ‘Duty Disability’ for PTSD over Protests

Are Face Masks & COVID Rituals Occultist Symbols For Submission?

It's Getting Pretty Scary Out There "Can you not follow the lines on the floor?"

How 36 Reporters Brought Us the Twin Towers’ Explosive Demolition on 9/11

Man Admits He Scammed “Dumb” Trump Supporters Out Of Donation Money

Hundreds Of Liberals Celebrate The Death Of Police Officer, Attack Daughter Mourning His Loss

Three Churches Have Burned in Just Over 24 Hours, But You Wouldn’t Know It If You Watch National News

Forget face masks and fear – let’s relax and accept the risk

Portland BLM Activist Uses Baby As Human Shield During Violent Protest

HUGE: The Coronavirus Tracking Project’s Numbers are Suspect After They Are Caught Tacking On Previous Deaths to Current Totals

Trump Tells Minnesota Governor to Go Jump In a Lake, Denies Request for ‘Disaster’ Relief After Riots

Young White Mother Killed By Black Lives Matter Mob for Allegedly Saying ‘All Lives Matter,’ National Media Fully Ignores

Wesley Chapel homeowner fires on three intruders, killing two of them

Blurred Justice: 'Hero' arrested after disarming gunman

Fighting Falsehoods with Facts (Covid-19)

George Floyd was on a government watchlist, new information reveals

Bath & Body Works Manager No Longer Working at Store After Yelling “F*ck Donald Trump!” at Customer Wearing Trump 2020 Face Mask

Cartoons for the Age of Wokeness: Social Justice Warriors

Is Wayfair Really Trafficking Humans?

MUST READ: Body Cam Transcript Tells a Different Story on the Death of George Floyd

From everyday language to the worlds of Shakespeare and Austin, MSM finds racism everywhere

Only biological MEN have “vaginas” now, according to lunatic trans cult

'NYMPHOMANIAC' Jeffrey Epstein and Ghislaine Maxwell ‘filmed powerful people having sex with underage girls’

Cops Raid Mansion Of St. Louis Couple Who Defended Home From Protesters, Confiscate AR-15

Wesley Chapel homeowner ... fires on Three inTruders --- killing Two of Them

Never Forget

Harvard Grad Claira Janover Never Had A Job At Deloitte But Is Set to Cash In On GoFundMe For Being 'Fired'

Gorsuch Joins With Libs to Void Child Rapist's Conviction and Declare Half of Oklahoma a 'Native American Reservation'

Chicago: ‘Black Lives Matter’ Mural Painted Over to Read ‘All Lives Matter’

Head of Emergency Management Says Texans Should Wear Masks Inside Their Own Homes

'SUPPRESSION OF SPEECH' Goya Foods CEO Bob Unanue refuses to apologize after online boycott over ‘blessed to have Trump’ praise

Overweight Black Models Oppressed by Exclusion

WNBA, NFL Players Show BLM Stands For Bigoted Lynch Mob

‘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


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: 91
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