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.
Ukraine is asking United States FBI to help it investigate a suspected state-sponsored hack by the Russian military on Burisma, the Ukrainian energy company at the center of the impeachment of U.S. President Donald Trump.
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.
Promoting products is almost nothing like it was back in the Mad Men days. In fact, the digital landscape has changed the ad game so much that it barely even resembles early Grey’s Anatomy days anymore. Marketing a product digitally isn’t about the right ad slogan or color scheme. It’s about crafting the narrative around […]
Every once in a while, we see a new product come along that’s so versatile and elegantly simple that it’s strange no one’s ever gone there before. Portable lights themselves aren’t new, but there’s something about the MOGICS Coconut Light that’s so seamlessly well-designed and adaptable that it feels startlingly original. The Coconut is basically […]
With the U.S. cautiously reopening, it’s probably time to take stock of where you’re at. After spending all these weeks in the house, you’ve likely already assembled a little list of items you either realized you were missing or need to replace. And those kinds of revelations probably apply to nearly every room. We got […]