Wed 22 Mar 2017
Let me be clear here, the transition to clean energy sources will be painful because it is unplanned. Consider this: What if the Federal Government had a plan to move away from fossil fuels with clear benchmarks for the shift and training programs to move workers into that market. Well, plants would be closed on a schedule that everyone knows in advance, and there would be no pain. Only growth and prosperity. The way we are going about it now, Nuclear Power gets classified as “green”, plants are shuttered and workers are thrown out of their jobs. Brilliant.
Two Ohio coal-fired plants to close, deepening industry decline
Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists.
Republican President Donald Trump promised in his election campaign to restore U.S. coal jobs that he said had been destroyed by environmental regulations put into effect by his Democratic predecessor, Barack Obama.
Dayton Power & Light, a subsidiary of The AES Corporation, said in an emailed statement that it planned to close the J.M. Stuart and Killen plants by June 2018 because they would not be “economically viable beyond mid-2018.”
Coal demand has flagged in recent years due to competition from cheap and plentiful natural gas.
Go there and jump for joy (I mean read). More next week.