Hey, katzgar. Don't get pissed off at me because your 401 is doing poor. Try being a little more active from now on.
Sorry Donald, US coal plant retirements second highest ever
- Thread starter Bourbon
- Start date
Hey, katzgar. Don't get pissed off at me because your 401 is doing poor. Try being a little more active from now on.
Your best Plan ... would be to stop investing in Emerging Markets. Their currency is shit.
PoliTalker
Diversity Makes Greatness
Hello Bourbon,
Been a while since I read any stories about new coal power plants being built.
US coal plant retirements second highest ever - Belch
https://www.treehugger.com/fossil-f...al-plant-retirements-second-highest-ever.html
And nobody appears to be in a rush to be building new capacity either. Interestingly, alongside competition from cheaper natural gas, Bloomberg New Energy Finance points to the "zero marginal cost" nature of renewables as one of the factors putting pressure on the viability of coal. As Mike noted back in 2015 (the only year to beat the current one for coal plant closures), the fact that solar and wind have extremely low marginal costs once they are up and running means they can afford to undercut coal for baseload power at almost any price—leading to what some have referred to as "death by capacity factor".
When I wrote about Spanish miners embracing the closure of mines, one commenter questioned my assertion that US coal was declining too. And they were right—at least as far as coal production is concerned.
Consumption, and consumption capacity, however is another matter.
In fact, Bloomberg News Energy Finance (found via the good folks at Cleantechnica) reports that coal power plant closures will hit their second highest year on record, at least as far as capacity is concerned:This year’s widespread closures were headlined by the retirement of four massive Vistra plants in the ERCOT (Texas) market. Coal plants retiring this year produced 127,000 gigawatt-hours of electricity in 2017, enough to power 12 million homes.
Been a while since I read any stories about new coal power plants being built.
US coal plant retirements second highest ever - Belch
https://www.treehugger.com/fossil-f...al-plant-retirements-second-highest-ever.html
And nobody appears to be in a rush to be building new capacity either. Interestingly, alongside competition from cheaper natural gas, Bloomberg New Energy Finance points to the "zero marginal cost" nature of renewables as one of the factors putting pressure on the viability of coal. As Mike noted back in 2015 (the only year to beat the current one for coal plant closures), the fact that solar and wind have extremely low marginal costs once they are up and running means they can afford to undercut coal for baseload power at almost any price—leading to what some have referred to as "death by capacity factor".
When I wrote about Spanish miners embracing the closure of mines, one commenter questioned my assertion that US coal was declining too. And they were right—at least as far as coal production is concerned.
Consumption, and consumption capacity, however is another matter.
In fact, Bloomberg News Energy Finance (found via the good folks at Cleantechnica) reports that coal power plant closures will hit their second highest year on record, at least as far as capacity is concerned:This year’s widespread closures were headlined by the retirement of four massive Vistra plants in the ERCOT (Texas) market. Coal plants retiring this year produced 127,000 gigawatt-hours of electricity in 2017, enough to power 12 million homes.
Truth: "Natural Gas" production due to FRACKING is the reason that coal is being replaced, SLOWLY as the number one energy source to make cheap electricity.
This is more than priceless. A blue collar job paying upwards of 30 dollars per hour.....is just as good as another abundant fossil fuel. Another Truth: Even though natural gas is slowly replacing coal power plants.....COAL MINNING JOBS are up. Both the natural gas production and coal production figures being UP is indeed due to Mr. Trump ending the war on fossil fuel declared by left wing tree huggers.
I most enjoy the "high five" from the left for FRACKING...….
Conclusion: yet another FALSE PREMISE...i.e., FAKE NEWS.IDEA! Instead of playing "semantics" with FOSSEL FUELS.....if I were a progressive I would be more concerned about the near future retirement of Ruth Bader Ginsburg. Regardless of what she "claims".....cancer and old age do not play political favorites. She says she is safe for another 5 years.....but taking a fall and breaking aging ribs during a normal day on the bench is anything but NORMAL and this fact tells the TRUTH. Again we find Mr. Trump in the cat birds seat. Elections have consequences in several areas.
Last edited:
You are throwing darts at a Stock Board. Stop doing that. Try thinking.
cawacko
Well-known member
Have there been any studies done on how many people have gone through "government training" and started successful careers doing something else? It's an honest question in that i'm just curious if its been quantified.
Some probably did, but what does that have to do with the fact that unions and many of their membership support and vote Dem?
Who's uneducated, moron?
the reason people think you people are stupid is because you are stupid. https://en.wikipedia.org/wiki/United_States_presidential_election_in_West_Virginia,_2016
I don't know......
Not government training. They send them to schools to learn. https://windexchange.energy.gov/training-programs
PoliTalker
Diversity Makes Greatness
Hello cawacko,
The Democrats have simply been the realists. Don't shoot the messenger. Save your disapproval for the ones who lied to you.
The Democrats have simply been the realists. Don't shoot the messenger. Save your disapproval for the ones who lied to you.
Truth: "Natural Gas" production due to FRACKING is the reason that coal is being replaced, SLOWLY as the number one energy source to make cheap electricity.
This is more than priceless. A blue collar job paying upwards of 30 dollars per hour.....is just as good as another abundant fossil fuel. Another Truth: Even though natural gas is slowly replacing coal power plants.....COAL MINNING JOBS are up. Both the natural gas production and coal production figures being UP is indeed due to Mr. Trump ending the war on fossil fuel declared by left wing tree huggers.
I most enjoy the "high five" from the left for FRACKING...….
IDEA! Instead of playing "semantics" with FOSSEL FUELS.....if I were a progressive I would be more concerned about the near future retirement of Ruth Bader Ginsburg. Regardless of what she "claims".....cancer and old age do not play political favorites. She says she is safe for another 5 years.....but taking a fall and breaking aging ribs during a normal day on the bench is anything but NORMAL and this fact tells the TRUTH. Again we find Mr. Trump in the cat birds seat. Elections have consequences in several areas.
You live in a pretend world. coal mining jobs are up only slightly and that's because of short-term Market forces. The fact that you can't figure out what's going to happen to coal as Natgas continues to replace coal in power plants says alot about your inability to think.