The “green wave” of utilities shutting down coal fired power plants in the name of climate change has hit a rock, with bigger rocks to come. In this case the rock is the activist BURN MORE COAL, with the help of the US Securities and Exchange Commission (SEC)… BMC principal (and legendary skeptic) Steve Milloy sums it up this way…
NIPSCO’s plan will cost shareholders and customers alike, says Fred Palmer, managing director of Burnmorecoal.com and a Heartland Institute senior fellow. “NIPSCO’s proposal to replace all coal-fired generation within 10 years with higher-cost renewables comes without a legitimate business or environmental reason to take this action,” said Palmer. “Customers will be punished, and shareholder wealth will be squandered as NIPSCO’s plan, with its new high-price rate structure, drives manufacturing overseas to China-led Asia, where new coal plants are being built and existing low-cost coal generation is booming.”
“I urge people with stock in green mania utilities to seriously consider giving BurnMoreCoal.com their proxies. The more votes they have the louder their voice.”
Source: CFACT.org We | PDF
Fred Palmer in today’s issue of Coal & Energy. The bottom line: the false and anti-coal EPA endangerment finding needs to go.
Source: Coal & Energy PDF
BURN MORE COAL co-founder Steve Milloy makes three points in today’s New York Times: 1) The National Climate Assessment is irrelevant; 2) It is a product of the Deep State (not the Trump administration); and 3) Releasing it untouched but on Black Friday was an expediency.
From today’s issue of the coal industry must-read Coal & Energy as penned by venerable industry expert, Jim Thompson.
Source: Coal & Energy PDF
Yesterday, our first shareholder proposal. Today, our first media hit. We are on our way!
