The $640 billion investment in coal power capacity worldwide is at risk because it is less expensive to generate electricity from wind and solar power

March 2020 – A new report shows that investments in coal plants may be a waste of money as renewables are cheaper than new coal plants, according to new research from the financial think tank Carbon Tracker Initiative. The new research, released today, shows that nearly $640 billion of investment in coal power capacity worldwide is at risk because it is less expensive to generate …

Virginia Clean Economy Act to retire most of Virginia’s coal-fired facilities by Dec. 31, 2024

Va.’s 100% clean energy shift: Part of a ‘bigger wave’?E&E News | David Iaconangelo A landmark legislative session for energy came to an end in Virginia last week, after the Democratic-controlled General Assembly mounted a late push to pass numerous new regulations on fossil fuels and promote zero-carbon sources of electricity. One of the measures, which Democratic Gov. Ralph Northam …

U.S. Coal Use Is Plunging at Fastest Rate Since Eisenhower Era

By Will Wade March 5, 2020, Bloomberg  Consumption dropped 13% last year, set to fall as much in 2020  Utilities are increasingly shifting to renewables, natural gas U.S. coal use plunged more than 13% in 2019, the most in 65 years, as power plants shut down across the country. That’s poised to happen again this year. Total consumption slumped to 596 …

Cross-state air pollution from the electric power sector continues to kill Americans. Decade’s coal plant closures saved 26K lives in US: study. Fracking bills introduced.

Midwestern states are the biggest exporters of air pollution, while Northeastern states are the leading importers. BY REBECCA BEITSCH, The Hill, 01/06/20 The decline of coal could be saving thousands of lives as power plants reduce air pollution by switching to natural gas, according to a study published Monday. More than 26,000 lives in the U.S. were saved over the course of …

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. …