Bankrupt coal companies shown to have been funding denialism and attacking citizens’ groups as ‘dangerous radicals’

Lee Fang, The Intercept, May 16 2019 THE BANKRUPTCY OF one of the largest domestic coal producers in the country has revealed that the company maintains financial ties to many of the leading groups that have sowed doubt over the human causes of global warming. The disclosures are from Cloud Peak Energy, a Wyoming-based coal mining corporation that filed for Chapter 11 bankruptcy on …

Finding New Opportunity For Old Coal-Fired Power Plant Sites LISTEN·3:463:46PLAYLIST

The coal plant in Shamokin Dam, Pa., is a local landmark that delivered electricity to this region for more than six decades. It closed in 2014, and the state hopes to lure new businesses to the site. Jeff Brady/NPR Nearly 300 coal-fired power plants have been “retired” since 2010, according to the Sierra Club. It’s a trend that continues despite President Trump’s …

Guzman Energy proposal would finance retirement of Tri-State coal plants, add 1.2 gigawatts of new wind and solar power

5/28/2019 By Joe Smyth | joe@cleancooperative.com | @joesmyth Guzman Energy is proposing a deal that would help Tri-State Generation and Transmission Association meet Colorado and New Mexico’s new clean energy policies, by replacing nearly half of Tri-State’s remaining coal fleet with 1.2 gigawatts of new wind and solar power projects, along with a mix of energy storage and natural gas. Guzman Energy executives said …

Lobbying against key US climate regulation ‘cost society $60bn’, study finds

27 May 2019  by JOSH GABBATISS, Carbon Brief US POLICY  Political lobbying in the US that helped block the progress of proposed climate regulation a decade ago led to a social cost of $60bn, according to a new study. Environmental economists Dr Kyle Meng and Dr Ashwin Rode have produced what they believe is the first attempt to quantify the toll such anti-climate lobbying efforts take on …

Power Plant Securitization and Loan Refinancing: The law obligates customers to pay the cost of grid infrastructure built by monopoly utilities only if it can be shown to be a wise investment

The key question is, in utility regulator speak, “prudency.”  Should customers have to pay for ill-advised or imprudent investments? The law obligates customers to pay the cost of grid infrastructure built by monopoly utilities only if it can be shown to be a wise investment. Energy Outreach Colorado, which helps low-income households with their energy bills, is against the approach. …

Indiana utilities no longer hold a monopoly on energy generation in the state.

Emily Hopkins and Sarah Bowman, Indianapolis Star, May 20, 2019  Indiana utilities are in midst of identity crisis as customers take power into own hands The changes came slowly, then seemingly all at once. Next door, your neighbor installed solar panels. You started seeing more and more electric vehicles. When you drove north on I-65, you hit a patch of farmland dotted with …

Wyoming coal giant Cloud Peak files for bankruptcy

Future of workers uncertain as third-biggest US coal company declares bankruptcy: Coal’s decline is hitting workers first and worst. E.A. CRUNDEN, Climate Progress, MAY 13, 2019 WYOMING COAL MINE. CREDIT: ANDY NELSON/THE CHRISTIAN SCIENCE MONITOR VIA GETTY IMAGES The third-largest coal company in the United States has declared bankruptcy, leaving the future of its more than 1,000 workers uncertain. The announcement is …

An Oregon utility could save its customers $248 million over 20 years if it closes four units at two Wyoming coal plants by 2022, according to new economic analysis

And Midwest Energy News: Efforts to stop an Indiana utility from closing coal plants aren’t going the way the industry had hoped as economics point to more renewables. (InsideClimate News) A county board in Wisconsin votes unanimously against allowing a We Energies coal plant to increase its daily maximum discharge of mercury into Lake Michigan. (WUWM)  The Dakota Access pipeline’s …

Global ‘collapse’ in number of new coal-fired power plants

The number of plants on which construction has begun each year has fallen by 84% since 2015, and 39% in 2018 alone, while the number of completed plants has dropped by more than half since 2015. Not long before coal use is over, say analysts, while warning of possible resurgence in China Damian Carrington, The Guardian, 28 Mar 2019 The number …

New Mexico Senate Passes 100% Carbon-Free Electricity Target

New Mexico Senate Passes 100% Carbon-Free Electricity Target It still needs to pass the House, but the governor has already endorsed it. The state’s largest utility has too. By JULIAN SPECTOR GTM, 7 Mar 2019 If it passes, the bill’s long-term popularity will hinge on how much consumers have to pay for it. PSCO of New Mexico New Mexico has joined the drumbeat of …