stupid old men


This is what happens in a transitional economy. All the big brave tough bullies, Captains of Industry, turn into silly whiny little sissies begging for handouts. Isn’t life interesting. And no, this is not an April Fools Joke.

https://arstechnica.com/tech-policy/2018/04/coal-nuclear-plant-operator-files-for-bankruptcy-asks-trump-for-a-bailout/

business cycles —

Coal, nuclear plant operator files for bankruptcy, asks Trump for a bailout

FirstEnergy’s request comes after regulator struck down an industry-wide bailout plan.

On Saturday, power corporation FirstEnergy placed its coal and nuclear generation units under chapter 11 bankruptcy. Although coal and nuclear plants across the country have struggled to compete with the low prices of natural gas, FirstEnergy’s filing is unique because it stands to take on a political dimension. Just two days before FirstEnergy’s bankruptcy filing, the company petitioned the Department of Energy (DOE) for an emergency bailout, citing concerns about reliability.

The petition could reinvigorate a debate started by Energy Secretary Rick Perry, who proposed a rule last year to change how coal and nuclear plants are compensated for their power. The rule was denied by the Federal Energy Regulatory Commission (FERC), which said that there was not enough evidence to justify changing how coal and nuclear are compensated.

FirstEnergy disparaged FERC’s decision in its Thursday petition (PDF), claiming that “as a result of FERC’s and the RTO’s [Regional Transmission Organization’s] failure to address this crisis, swift and decisive action is needed now to address this imminent loss of nuclear and coal-fired baseload generation and the threat to the electric grid that this loss poses” (emphasis FirstEnergy’s).

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Go there and laugh your asses off. More next week.

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I will keep this short and simple. The Big Greens screwed us. Yah you know who your are, The Sierra Club, The National Resources Defense Fund, The Illinois Environmental Council,  The Nature Conservancy,  and  Environmental Law & Policy Center. Those Chicago based groups shoved fracking down our throats. Now here is a chance to push back.

http://www.illinoispeoplesaction.org/fracking.html

Fight fracking.  Do this one thing today.

IPA’s fracking transparency bill (SB3174) is going before the Senate Subcommittee at 11 AM on this Thursday, March 15.  Please take a few minutes and “slip support” for this bill today.  Click here to read the bill.  The bill amends the Illinois Oil and Gas Act to de-classify information on the length and direction of horizontal or directional extensions from a vertical bore hole.  (Right now, they can be kept confidential for up to 2 years).  It also provides that all chemicals used during the drilling and completion of these wells be contained in public records.

THEN, Click here to submit your witness slip.  Scroll down to SB3174 and then, on the right hand side of that line, click the little icon with the pencil and paper that says “Create Witness Slip.” If you previously set up a witness slip account, you may click the Log On link to auto-add your personal info to the slip, otherwise you will need to add this information (See Witness Slip Personal Info below).  In parts III and IV, choose Proponent and Record of Appearance OnlyClick the box that says you agree to the terms and then click the Create(Slip) button.   You should get a response that has a green checkmark that says “Witness Slip Created” and that a confirmation has been sent to your e-mail.  If you do not get that, try again.

Witness Slip Personal Info:

  •    Enter your name, complete address and phone number
  •    Firm/Business or Agency:
    •   Enter Self
    •   Do not enter the name of an entity such as an organization unless you are authorized to represent that organization
  •    Representation:
    •   Enter Self
    •   If you are representing an organization, enter the name of the organization
  •    Title
    •   Enter Self or NA Do NOT type N/A, just NA as special characters such as back-slashes are not allowed.
    •   If you are representing an organization, enter your title in that organization

FINALLY, plan to attend the hearing at 11 AM this Thursday, March 15 at the State Capitol.  We want to pack the hearing room with as many people as we can holding small signs calling for passage the bill.  If you are available on Thursday, please join us.  We anticipate that the industry will be there testifying to the fact that THEY can and should be the ones to decide what transparency looks like.  They are already asking for the bill to be “pulled” in exchange for them to disclose their version of the facts in an industry website.  We say NO; the public has a right to all of the information on the IDNR website.

Thank you for joining us in the fight to put People and Planet First,

Dawn

Dawn Dannenbring, Environmental Organizer

Illinois People’s Action

To remove your name from this email list click here. To unsubscribe from all emails from us click here.

510 E. Washington St. Suite 309
Bloomington, IL 61701
United States

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Be there or be square. Go to the website and read. More next week.

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The real important point from this article for me is that, ‘The die was cast around 1998, when GDP growth and electricity demand growth became “decoupled”’. In other words, for the last 2o years the utilities should have been investing in renewables and they did not. The point being that renewables are easier to turn “off” when you do not need them. If the utilities start investing heavily now in renewables they may survive. It is a horse race at this point.

https://www.vox.com/platform/amp/energy-and-environment/2018/2/27/17052488/electricity-demand-utilities

The US electricity sector is in a period of unprecedented change and turmoil. Renewable energy prices are falling like crazy. Natural gas production continues its extraordinary surge. Coal, the golden child of the current administration, is headed down the tubes.

In all that bedlam, it’s easy to lose sight of an equally important (if less sexy) trend: Demand for electricity is stagnant.

Thanks to a combination of greater energy efficiency, outsourcing of heavy industry, and customers generating their own power on site, demand for utility power has been flat for 10 years, and most forecasts expect it to stay that way. The die was cast around 1998, when GDP growth and electricity demand growth became “decoupled”:

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Go there and read gleefully. More next week.

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People have always said the Donald Trump was smart as a fox. Or that his antics distract from what he really wants, and that he ALways gets what he wants. It has even been said that he is like a major league hitter who whiffs sometimes but hits out of the park enough to have a great average. I think he is just a dumb ass with a lot of money to cover up his mistakes. This is such a doozy that ain’t no mount of money gonna make up for it. Even the conservatives agree.

http://www.nationalreview.com/corner/455704/solar-panel-washer-tariffs-trump-tariffs-hurt-consumers

The Corner The one and only. ‘Taking Us to the Cleaners’

by Veronique de Rugy January 24, 2018 1:36 PM

The title of this post comes from the great Don Boudreaux, professor of economics and a free-trade warrior, over at Cafe Hayek.

It is the perfect soundbite to the Trump administration’s decision to impose a penalty on Americans who buy foreign-made solar panels and washers. The administration, of course, doesn’t call it that. Instead, it calls it a 30 percent tariff of solar panels and imported washers to protect our domestic manufactures.

Here is what the the solar protection looks like: ” The solar trade protection — which applies to solar panels as well as cells, the piece of equipment that converts sunlight into electricity — is a 30% tariff in the first year, declining to 15% by a fourth year. The first 2.5 gigawatts of cells imported annually is exempt from the tariff.”

This is a perfect example of the profound deficiencies in the process that leads to applying a tariff, which I wrote about last week. The Wall Street Journal reports: “The solar tariff is a response to a petition filed at the International Trade Commission by two U.S.-based manufacturers — Chinese-owned Suniva, which filed for bankruptcy last year, and German-owned SolarWorld Americas, whose parent company filed for bankruptcy last year.”

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Go there and read. More next week.

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Last September several major cities in California sued 5 major energy producers over climate change. Now New York City and major cities in the Northeast have followed suit. I hope EVERYbody in the United States does too. They got it coming.

New York City Sues Energy Companies Over Climate Change

By Colby Hamilton | UPDATEDJan 10, 2018 at 03:37 PM

The city of New York wants to lay the realities of climate change at the feet of the energy companies the city says are responsible.

In a complaint filed in the U.S. District Court for the Southern District of New York this week, counsel for the city allege that Exxon Mobil Corp., BP, Chevron Corp., ConocoPhillips Co. and Shell produced, marketed and sold “massive quantities” of fossil fuels, despite knowing “for decades” the impact their use would have on the environment.

That there is a social shared responsibility for climate changing behavior “is a myth,” the city claims. The companies—the five largest in the world as measured by cumulative carbon and methane pollution, according to the city—are responsible for 11 percent of all fossil fuel-related emissions since the start of the Industrial Revolution. Their industry-leading “public relations strategy … downplaying the risks of climate change and promoting fossil fuel use despite the risks” makes them further liable, according to the city.

“New York City is standing up for future generations by becoming the first major city to divest our pension funds from fossil fuels,” Mayor Bill de Blasio said in a statement. “At the same time, we’re bringing the fight against climate change straight to the fossil fuel companies that knew about its effects and intentionally misled the public to protect their profits. As climate change continues to worsen, it’s up to the fossil fuel companies whose greed put us in this position to shoulder the cost of making New York safer and more resilient.”

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Go there and read. More next week.

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In other words they try to get out of their obligations by appearing to be generous. No Nuke has been built in the U.S. in 40 years because they are financial death traps. It takes a “modernizing” economy to support such a massive waste of time and money. And of course ignore safety concerns when regulation is lax. Now they want to give away a partially built plant. What the hell is North Carolina gonna do with that?

https://www.postandcourier.com/business/utility-offers-abandoned-s-c-nuclear-site-to-santee-cooper/article_ac93346a-de86-11e7-9805-33c5e015ebec.html

top story

Utility offers abandoned S.C. nuclear site to Santee Cooper

  • Associated Press

COLUMBIA — The parent company of South Carolina Electric & Gas Co. is offering the site of a failed nuclear reactor project to the state-owned utility Santee Cooper.

SCANA has proposed giving the Fairfield County site to Santee Cooper so the project could be preserved and perhaps finished at some point in the future, The State newspaper reported.

SCE&G and Santee Cooper abandoned their joint effort July 31 after spending more than $9 billion, both blaming the failure on the bankruptcy by principal contractor Westinghouse. SCE&G customers have been charged nearly $2 billion toward interest on the company’s debt, via a series of rate hikes since 2009, without any power being generated.

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Go there and read the scam. More next week.

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Really? No Bid. Nothing. We had experience in the mountains and no one else wanted the contract. That is all they have to say? A company from the Secretary of Interior’s hometown. Zinke had nothing to do with it? WHAT!

https://www.washingtonpost.com/national/small-montana-firm-lands-puerto-ricos-biggest-contract-to-get-the-power-back-on/2017/10/23/31cccc3e-b4d6-11e7-9e58-e6288544af98_story.html?utm_term=.f40f2a9969f7

Small Montana firm lands Puerto Rico’s biggest contract to get the power back on

October 23

For the sprawling effort to restore Puerto Rico’s crippled electrical grid, the territory’s state-owned utility has turned to a two-year-old company from Montana that had just two full-time employees on the day Hurricane Maria made landfall.

The company, Whitefish Energy, said last week that it had signed a $300 million contract with the Puerto Rico Electric Power Authority to repair and reconstruct large portions of the island’s electrical infrastructure. The contract is the biggest yet issued in the troubled relief effort.

Whitefish said Monday that it has 280 workers in the territory, using linemen from across the country, most of them as subcontractors, and that the number grows on average from 10 to 20 people a day. It said it was close to completing infrastructure work that will energize some of the key industrial facilities that are critical to restarting the local economy.

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SIGH. Go there and read. More next week.

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The head of the EPA, Scott Pruitt, announced in Tennessee that the “War On Coal” was over. This during his announcement that the EPA was with drawing the Clean Power Plan proposed by the Obama Administration. What a joke this administration is. They accuse the former head of the EPA, Gina McCarthy ,  of picking winners and losers. Well guess what? They have already been picked. Coal lost.

http://www.dallasnews.com/opinion/editorials/2017/10/09/texas-monticello-power-plant-closes-signaling-undeniable-shift-natural-gas-renewable-energy

Texas’ Monticello power plant closes, signaling the undeniable shift to natural gas and renewable energy

Dallas Morning News Editorial

If there were any remaining doubts, the age of coal is over and the era of natural gas and renewables is officially here.

Luminant’s decision last week to shut its Monticello Power Plant near Mount Pleasant, one of Texas’ largest and dirtiest coal-fired electricity plants, is a prime example of this shift. The plant’s pending closure in January is a win for clean air and the result of the new economics of energy that renders coal-fired power plants like the Monticello facility cost-prohibitive relics.

This is particularly true in Texas: Hydraulic fracturing has made natural gas production cleaner and cheaper than coal.  Each year, electricity from the sun and wind contribute more megawatts to the state’s power grid. The state’s deregulated electricity market increases competition, which leaves costly, emissions belching coal-fired power plants like Monticello on the wrong side of a historic transformation.

We’re pleased that Luminant took this step after a year-long review of its operations. A decade ago, this editorial board helped lead the charge against the former TXU Corp.’s plan to build about a dozen coal-fired power plants in the state.

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Go there and read. More next week.

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Someone has finally applied for a permit to frack an oil well in Illinois. Even though they could not get the exact location of that well right on their application, they still plunge ahead. Even though oil prices are quite low, they want to try. I have a bad feeling about this but we shall see.

https://www.ilnews.org/news/economy/woolsey-companies-first-to-apply-for-illinois-fracking-permit/article_d665515a-5d9a-11e7-906b-af62f5a6edcf.html

Woolsey Companies first to apply for Illinois fracking permit

ILLINOIS NEWS NETWORK

Four years after former Gov. Pat Quinn signed legislation that cleared the way for fracking in Illinois, the state has received its first application for a drilling permit.

Woolsey Companies Inc. is looking to drill a well near Enfield in southeastern White County. The company is based in Wichita, Kansas.

Illinois Department of Natural Resources spokesman Tim Schweizer says the original paperwork was received on May 22, but the company is expected to submit an amended application to correct a few problems. That will extend the window for officials to consider the proposal.

“It appears now we’ll have until August 31 to [decide],” Schweizer said. “The Illinois Oil and Gas staff here at the Illinois Department of Natural Resources will be reviewing the permit application and will ultimately make the decision on whether it is approved or denied.”

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Go there and read. Also post a comment on the application. More next week.

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It is true. He killed more people than Son of Sam and the Zodiac Killer and he got a year in jail. Why? Because he is a rich white and the death resulted from “mine safety violations”. So, you know, he never had a “direct hand” in their deaths. What a joke. He claims he lives in Las Vegas now, so I hope he wonders off in the desert and suffers a horrible death.

http://www.cbsnews.com/news/us-mine-blast-ex-coal-ceo-blankenship-at-end-of-prison-term/

US mine blast: Ex-coal CEO Blankenship at end of prison term

CHARLESTON, W.Va. — Former Massey Energy CEO Don Blankenship is finishing up a one-year federal prison sentence arising from the deadliest U.S. mine explosion in four decades.

According to the U.S. Bureau of Prisons website, Blankenship was set to be released Wednesday from a halfway house in Phoenix, Arizona. He must serve one year of supervised release.

“I’m glad he had time to reflect on the pain he caused,” former U.S. Attorney Booth Goodwin, whose office in Charleston prosecuted the case, said in a text message to The Associated Press ahead of Blankenship’s release. “I hope he used it wisely and will come out of prison ready to make amends.”

It wasn’t immediately clear where Blankenship will serve his supervised release. After his indictment, federal prosecutors indicated Blankenship owned homes in several states, and Blankenship said he lived in Las Vegas. A spokesman for the U.S. attorney’s office in Charleston referred questions to the federal Bureau of Prisons.

A bureau spokesman and Blankenship’s attorney, William Taylor, didn’t return requests for comment

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Go there and be horrified. More next week.

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