“Wind and solar can’t scale up fast enough to offset the loss of coal and nuclear power. And if federal and state subsidies to renewables should go away, the attractiveness of wind and solar investments is likely to diminish quickly.”
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OPEC wants to return to the 1970s when the US economy was its mercy. OPEC realizes that the gas prices would dramatically rise if the US switched from oil to gas.
Source: CNBC
Germany’s shuttering of the last of its nuclear power plants by 2022 could force the country to use 16% more coal power through 2030. Germany recently announced it would exit coal by 2038. Right.
Source: CleanEnergyWire.org
“Residents in western Kentucky want to keep the last coal-fired power plant situated at a Tennessee Valley Authority generation station. Hundreds rallied over the weekend to try and save the coal-fired unit at the Paradise Fossil Plant…”
Source: Power-Eng.com
The main reason is subsidies for wind and solar construction.
Continue reading Why cheap electricity doesn’t necessarily result in lower bills
The Midwest is right now running on 76% fossil fuels (two-thirds of that is coal) and 16% nukes. How would Ocrazio-Cortez’s Green New Deal replace 92% of today’s electricity generation?
Source: MISO