Financing Freedom from Fossil Fuels: Retiring the entire US coal fleet today would cost $35–40 billion –less than one year’s worth of fuel cost to run America’s coal and gas plants. The critical importance of public banks is a common theme.

Utilities can refinance or seek partial debt relief, passing on as much as $6 billion in cost savings every year to customers when they retire coal plants. Using some of those savings for transition assistance and repurposing land and infrastructure can provide new jobs and economic opportunities for coal communities. Better yet, recycling saved capital into clean energy that is …

Analysis: Global coal power set for record fall in 2019, largest reductions in the US. Average running hours are set to reach an all-time low.

The reasons for the historic projected drop in coal-fired generation in 2019 vary from country to country, but include increased electricity generation from renewables, nuclear and gas, as well as slowing or negative power demand growth. In the past three and a half decades, only two other years have seen declining coal power output: a fall of 148TWh in 2009 …

In Coal Country, the Mines Shut Down, the Women Went to Work and the World Quietly Changed: A state program for miners’ families not only paid tuition but critically, covered living expenses

From 2010 to 2017, Letcher County in Kentucky saw a greater shift in the gender balance of its labor force than almost any other county in the United States. By Campbell Robertson, NYTimes.com,m Sept. 14, 2019 FLEMING-NEON, Ky. — In the pre-dawn hours when all is dark and quiet, Amanda Lucas leaves her house and begins the long drive to her …

Hydrogen can do everything coal does in the steel-making process: BNEF says hydrogen technology competitive with high-cost, coal-based plants when the cost of renewable hydrogen (just produced from methane now) falls below $2.20 kg, assuming coking coal prices remain where they are now at about $310/ton (maybe by 2030)

Currently, most commercial hydrogen in North America is derived from natural gas, which has its own carbon and methane emissions problems. New technologies that rely on renewable energy are in development. By Steve Hanley, Clean Technica, 6 Sept 2019 Industry depends on steel to make the cars, appliances, and other consumer goods that are at the heart of the global economy. …

And now the really big coal plants begin to close

By Benjamin Storrow, Eenews.net September 3, 2019 | EDUCATE! Old, small plants were the early retirees, but several of the biggest U.S. coal burners—and CO2emitters—will be shuttered by year’s end A new wave of super-polluters headed for the scrap heap. Bruce Mansfield, a massive coal plant in Pennsylvania, emitted nearly 123 million tons between 2010 and 2017. It will be retired by year’s end …

Exxon drops out of the S&P 500 top 10. Also, the decline of American coal is taking a toll on the railroad industry

Reproduced from Moody’s; Chart: Axios Visuals No matter what President Trump says, coal in America isn’t coming back — and it’s bringing other industries down with it. Driving the news: Coal demand for electricity is likely to drop by more than 50% in 11 years, according to a report by the rating agency Moody’s. In turn, revenue from transporting that coal around …

Moody’s sees substantive weakness ahead for North American coal

https://seekingalpha.com/news/3493842-moody-s-sees-substantive-weakness-ahead-north-american-coal Carl SurranAug. 21, 2019 6:57 PM ET Moody’s cuts its 12-18 month outlook for the North American coal industry (NYSEARCA:KOL) to Negative from Stable, citing declining profitability, weakening export prices and declining demand from utilities over the next decade. “The combination of a now-weakened export market and significant retirement of coal-fired power plants in 2018 is creating an oversupplied …

Solar now ‘cheaper than grid electricity’ in every Chinese city, study finds. Still, long-term thinking is required for investment to be seen as worthwhile

12 August 2019  by Josh Gabbatiss, Carbon Brief Solar power has become cheaper than grid electricity across China, a development that could boost the prospects of industrial and commercial solar, according to a new study. The new paper published in Nature Energy concludes a combination of technological advances, cost declines and government support has helped make grid parity a reality in Chinese today. Projects in …