Trump made a big deal about saving the dying coal industry. “[We’re] bringing back jobs, big league. We’re bringing them back at the plant level. We’re bringing them back at the mine level. The energy jobs are coming back.”
But in recent weeks, owners of two coal-fired power plants announced they were going to cease operations, including the largest coal-fired facility in the western United States. They can't compete with natural gas price, which "have made it more expensive to produce electricity at the facility than to purchase it from cheaper sources," according to the Washington Post. It reminds me of my friend who sells novelty items on his website, but stopping because Amazon's retail price of the same items is usually less than the price he pays to buy the items from manufacturers.
Trump’s ability to save the Navajo plant and others like it is limited, despite his rhetoric. Even if his administration follows through on its promises to relax regulations on the coal industry, those changes aren’t likely to change coal’s fading market.
And if the owners of coal-fired plants lose money when they operate their facilities, keeping them running makes little economic sense.
For some reason, Trump's energy plan makes no mention of solar, "an industry that just added 51,000 jobs." Maybe he could issue an executive order requiring solar panels to have coal burners on them to belch smoke.
LA's next source of energy: a massive solar panel and lithium battery array in the Mojave, operated by 8minute Solar Energy, and capable of supplying 6-7% of the city's energy budget, with four hours of nighttime use. It will cost an eye-poppingly low $0.03.3/kWh, cheaper than natural gas.
A new report from the International Institute for Sustainable Development (IISD) estimates the cost of subsidizing a full transition to clean energy, and comes out with a figure that is only 10-30% of the subsidy presently given to the planet-destroying fossil fuel industries.
In Numerical investigation of the convection heat transfer driven by airflows in underground tunnels (Sci-Hub mirror), a group of engineers from L'Ecole Polytechnique Fédérale de Lausanne and the Swiss Federal Institute of Technology propose that low-cost heat-exchangers placed in subway tunnels could be used to heat and cool homes essentially for free (the system would […]
Your smartphone’s GPS is a modern necessity for some trips, but how do you use it safely? It’s been a problem ever since phones went mobile. A certain phone mount even shelled out the money for a commercial during the Big Game, so clearly there’s a market for the solution. Turns out there are a […]
There’s reading for pleasure, and then there’s reading for fuel; absorbing the great ideas in nonfiction books so you can apply them in your own life. In today’s hectic pace, it can be difficult to find the time to do that reading – especially for the entrepreneurs and professionals who can benefit the most from […]
Breaking into the big leagues as a project manager isn’t done overnight, but there are principles that anyone can learn, and they’re applicable to nearly any business. No matter what your field, if there are multiple teams working toward a common goal, you’re going to need a roadmap. The Project Management Professional Certification Training Suite […]