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Tag: Killing

Four Things That Are Killing Coal

July 3, 2017
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| Industry News

Although President Trump has been promoting a pro-coal energy agenda, there are four things killing coal that the administration may not be able to remedy.

That was the message Bill Ritter Jr. delivered to American Society of Mechanical Engineers (ASME) Power and Energy Conference & Exhibition attendees during his keynote address on June 27. Ritter is the former governor of Colorado, founder of the Center for the New Energy Economy at Colorado State University, and author of Powering Forward: What Everyone Should Know About America’s Energy Revolution.

“In the United States of America, our power system—our power portfolio—is changing in a fairly dynamic way,” Ritter said. “I would argue, in spite of our November election . . . that transition is still happening.”

The four things Ritter said are likely beyond Trump’s control: state-level actions, municipal-level responses to climate change, corporate power-purchasing activities, and bipartisan cooperation outside of Washington, D.C.

1. State-Level Actions

Although Ritter noted that Congress has not passed a single piece of comprehensive energy legislation in the past 10 years, he said about 4,000 pieces of energy legislation get introduced annually on the state level, of which as many as 600 have gone on to become law each year.…

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Report: Killing Clean Power Plan Could Cost Nation 560,000 Potential Jobs

June 23, 2017
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| Industry News

If the Trump administration’s efforts to roll back the Clean Power Plan (CPP) are successful, the nation could miss out on 560,000 potential jobs and a boost of $ 52 billion to the gross domestic product (GDP), according to a report released by Environmental Entrepreneurs (E2).

“From states with relatively small populations like Maine and Montana to highly populated states like Florida, the CPP could have substantial employment and economic benefits — benefits that would disappear with the Trump Administration’s repeal of the policy,” the June 21 report says.

The CPP has been a thorn in the side of coal proponents since it was proposed in 2014. The rule requires states to develop action plans to meet state-specific, federally-set carbon emissions reduction goals for existing coal-fired power plants.

According to the E2 report, implementation of the CPP would result in the creation of up to 560,000 jobs and add up to $ 52 billion to the nation’s GDP. Those benefits will be lost if the rule is weakened or rescinded, the report says.…

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