Coal Power Plants Retiring Quickly During Trump Administration | CleanTechnica

Coal Power Plants Retiring Quickly During Trump Administration | CleanTechnica

“The real story I believe is in coal retirements. [T]he fundamentals of the economics of coal have gotten worse, with costs going up, while the competition for coal — that is, gas, wind and solar — has all gotten cheaper,” said Bruce Hamilton, a director at Navigant.

Natural gas costs less than coal, solar power is at its most affordable, wind power can be more affordable than new coal, and energy storage is emerging to support renewables.

“Coal jobs aren’t coming back, due to market forces, not due to regulation. Natural gas is cheaper and more plentiful,” explained James Van Nostrand, director of the Center for Energy and Sustainable Development at West Virginia University College of Law.

To make matters worse, the President seems to be very uninformed about the coal industry or is potentially lying, “Trump claims West Virginia is exporting “clean coal” to China. But this is wrong for two reasons. One, in 2015 and 2016, West Virginia exported virtually no coal to China. Two, there is no such thing as “clean coal.”

via Coal Power Plants Retiring Quickly During Trump Administration | CleanTechnica

Advertisements

One thought on “Coal Power Plants Retiring Quickly During Trump Administration | CleanTechnica”

  1. Trump has also lied in major ways about healthcare. The diseased trumproll natural news says trump has drained the opioid swamp in medicare. Actually fuko cut off pain meds for elederly people with horrible conditions like cancer and scoliosis on medicare. The fascists are also making it impossible for most people to see a doctor if they are poor, elderly, have preexisting conditions without putting up 300 dollars because the aca and provsions demanding that people that have existing or disabilities have the right to healthcare and health insurance. Lies, lies, and more lies.
    May 27, 2018 (6)

    St Louis Dispatch

    With the usual ballyhoo, the White House said on May 11 that President Donald Trump would announce his long-delayed plans to reduce the costs of prescription drugs. When Trump began speaking at 2:08 p.m., stock prices on Standard & Poor’s pharmaceutical sector dropped. By the time he finished speaking, the sector was soaring.

    Big Pharma was very happy with Trump’s speech. It contained nothing that will threaten its enormous profits nor anything that will slow down relentless price increases. As president-elect, Trump accused drug companies of“getting away with murder.” As president, Trump has become an accessory to that murder.

    It was yet another broken populist campaign promise, joining “great health care,” putting coal miners back to work, a trillion-dollar infrastructure plan and more. Trump has kept his promise to crack down on immigrants and move the U.S. Embassy to Jerusalem, but his economic populism has proved to be a mirage.

    Of course that doesn’t mean he won’t try to fool people into thinking otherwise: “Everyone involved in the broken system — the drugmakers, insurance companies, distributors, pharmacy benefit managers and many others — contribute to the problem,” Trump said. “Government has also been part of the problem because previous leaders turned a blind eye to this incredible abuse.”

    All of that is true, but the one key to dealing with the problem is to recognize that everything stems from the upfront price that drugmakers charge . Same drugs that cost $100 or 1000 dollars cost 10 or 20 dollars in canada or mexico

    Liked by 1 person

Comments are closed.