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guillaumeb

(42,641 posts)
Mon Mar 25, 2019, 07:59 PM Mar 2019

'Simple Laws of Economics' Doom Remaining US Coal Plants as Solar and Wind Are Now Cheaper...

From the article:

In propping up the coal industry, the Trump administration is not only contributing to dangerous pollution, fossil fuel emissions, and the climate crisis, it is also now clinging to a far more expensive energy production model than renewable energy offers.
That's according to a new report from renewable energy analysis firm Energy Innovation, showing that about three-quarters of power produced by the nation's remaining coal plants is more expensive for American households than renewables including wind, solar, and hydro power....

Energy Innovation reported in January that half of all U.S. coal plants have shut down in the last decade, while renewable sources now account for 17 percent of energy production—twice the amount of electricity they provided in 2008.


To read more:

https://www.commondreams.org/news/2019/03/25/simple-laws-economics-doom-remaining-us-coal-plants-solar-and-wind-are-now-cheaper?cd-


Coal is no longer economical. And absent the massive subsidies to the nuclear industry, neither is nuclear power.

Renewables are the sane solution, but the fossil fuel industry spends a lot of money to convince politicians.
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