In order to facilitate acquisition of various NRG Energy facilities, Louisiana-based Cleco Power agreed to Sierra Club blackmail to close one coal plant and to limit the use of others.
Source: Coal and Energy (Subscription)
Anti-coal activists will be back with something else. Count on it. Meanwhile, exactly why are US utilities basing their coal-exit plans on a carbon tax? BURN MORE COAL will be asking utility managements this question.
Source: Politico
Amid the fourth consecutive weekend of carbon tax rioting in France, President Trump tweets:
If finalized, new coal plants will just need to have best available emissions technology, not the imaginary — as well as physically, financially and politically impossible — utility scale carbon capture and sequestration technology that the Obama EPA set as a barrier to new coal plant construction in the US. And as the trade press noted, BURN MORE COAL was there in the front row!
Source EPA media release Web | PDF | EPA rulemaking web site
Not only does coal provide least-cost, reliable energy, it’s also good for thwarting the plans of lunatic European central planners. Poland subsidizes coal plants because EU regulations favor wind/solar and disadvantage coal. Even so, coal makes the most sense for Poland.
