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Fri Feb 9, 2018, 12:46 PM

Trump Administration Is Weighing Emergency Aid for Some Coal Plants

Source: Bloomberg News




By Catherine Traywick , Jennifer A Dlouhy , and Ari Natter

February 8, 2018, 8:34 PM EST Updated on February 9, 2018, 7:00 AM EST

After failing to win a bailout for cash-strapped coal plants, some Trump administration officials are considering emergency orders that could keep at least some coal generators online, people familiar with the discussions said.

The approach would require Rick Perry to use his authority as U.S. energy secretary to spur emergency compensation for coal plants run by FirstEnergy Solutions that may be at risk of shutting, said the people, asking not to be identified because the information isn’t public. Some Energy Department officials are weighing this option after federal regulators rejected a proposal by Perry last month to pay coal plants more for their “resilience,” they said. FirstEnergy hasn’t formally requested the aid, one of the people said.

When asked to confirm the talks, agency spokeswoman Shaylyn Hynes said “that is not correct information” but declined to provide further detail. The Energy Department’s press department later posted on Twitter that sources were “misinformed” on the consideration.

The FirstEnergy Solutions plants in question were at the heart of the Trump administration’s plan to compensate nuclear and coal generators more for their power. The proposal was rejected last month by members of the Federal Energy Regulatory Commission that Trump appointed who said it would violate U.S. law.


Read more: https://www.bloomberg.com/news/articles/2018-02-09/rick-perry-is-said-to-be-weighing-another-way-to-save-coal-units

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Arrow 35 replies Author Time Post
Reply Trump Administration Is Weighing Emergency Aid for Some Coal Plants (Original post)
DonViejo Feb 9 OP
pandr32 Feb 9 #1
BumRushDaShow Feb 9 #2
dixiegrrrrl Feb 12 #34
Wellstone ruled Feb 9 #3
dalton99a Feb 9 #5
Wellstone ruled Feb 9 #7
dalton99a Feb 9 #8
mahatmakanejeeves Feb 9 #9
dalton99a Feb 9 #10
Weed Man Feb 9 #16
keithbvadu2 Feb 9 #23
KY_EnviroGuy Feb 11 #28
Ramsey Barner Feb 9 #4
Cryptoad Feb 9 #14
IronLionZion Feb 9 #6
RandomAccess Feb 9 #20
KY_EnviroGuy Feb 11 #31
IronLionZion Feb 11 #32
KY_EnviroGuy Feb 11 #33
kimbutgar Feb 9 #11
thucythucy Feb 9 #12
Cryptoad Feb 9 #13
KY_EnviroGuy Feb 11 #29
Weed Man Feb 9 #15
sinkingfeeling Feb 9 #17
lark Feb 9 #18
TranssexualKaren Feb 9 #19
TranssexualKaren Feb 9 #21
Still In Wisconsin Feb 9 #22
eppur_se_muova Feb 9 #24
Vinca Feb 10 #25
Bleacher Creature Feb 10 #26
KY_EnviroGuy Feb 11 #30
Oneironaut Feb 10 #27
MissMillie Feb 12 #35

Response to DonViejo (Original post)

Fri Feb 9, 2018, 12:48 PM

1. What the hell for?

That era is over. The rich coal barons don't need any more money.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 12:52 PM

2. To quote them

"Emergency Aid" is "waste" or "welfare".

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Response to BumRushDaShow (Reply #2)

Mon Feb 12, 2018, 12:14 AM

34. NO to bailouts!

I hope this gets HUGE pushback.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 12:53 PM

3. Bob Murray

wants his million dollar donation back ten fold. You could see this coming. With Southern Company about to go up side down over their 7 Billion Nuke plant that is not going to get finished.

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Response to Wellstone ruled (Reply #3)

Fri Feb 9, 2018, 12:59 PM

5. Bingo

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Response to dalton99a (Reply #5)

Fri Feb 9, 2018, 01:03 PM

7. This POS should be in

prison for causing the Deaths of 26 miners in Utah.

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Response to Wellstone ruled (Reply #7)

Fri Feb 9, 2018, 01:03 PM

8. Absolutely.

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Response to dalton99a (Reply #5)

Fri Feb 9, 2018, 01:04 PM

9. Context: Photographer Says He Lost His Job After Leaking Pictures Of Rick Perry And Coal CEO

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Response to mahatmakanejeeves (Reply #9)

Fri Feb 9, 2018, 01:05 PM

10. +1

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Response to mahatmakanejeeves (Reply #9)

Fri Feb 9, 2018, 01:22 PM

16. Karma returns

he just got a new job that will set him up for life.

Bob Murray is at the deaths door, and he will be signing out this year. Can't take your goddamn ill-gotten goods with you to Hell. It does not transfer.


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Response to Weed Man (Reply #16)

Fri Feb 9, 2018, 03:06 PM

23. A casket does not have a luggage rack... Robin Williams?

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Response to keithbvadu2 (Reply #23)

Sun Feb 11, 2018, 02:03 AM

28. George Strait song - "You'll Be There"

(snip)
You don't bring nothing with you here
And you can't take nothing back
I ain't never seen a hearse, with a luggage rack.

-------------
Good song, see:

This is one you have to hear on a big system to appreciate. Some of the best pickers on the planet such as Brain Sutton and Brent Mason happened to play on this one.

..........

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 12:58 PM

4. Just another example of the free market

failing to enrich big Republican donors who run dying industries, so they now have to rely on government handouts.

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Response to Ramsey Barner (Reply #4)

Fri Feb 9, 2018, 01:16 PM

14. Welcome to DU,,,,,Comrade!

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 12:59 PM

6. There are around 50,000 coal miners total in the US

and 4.3 million retail workers. But of course it's better to bail out these few folks in a dying industry but not raise minimum wage for the millions of workers who would promptly spend it in their communities and stimulate their local economies.

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Response to IronLionZion (Reply #6)

Fri Feb 9, 2018, 01:49 PM

20. Excellent point

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Response to IronLionZion (Reply #6)

Sun Feb 11, 2018, 02:37 AM

31. In all fairness, there are those working in...

the coal-fired plants and in coal transportation. A few of those are being retrained and/or relocated to run the new gas turbines.

However, most of those folks would also be excellent employees for building grid-level solar systems, high-speed rail and wind generation systems. Just requires a plan, some organization and funding, and the will. That's what the Department of Energy should be doing, IMO.

I do agree about the minimum wage to help keep our retail and community social spaces from dying.


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Response to KY_EnviroGuy (Reply #31)

Sun Feb 11, 2018, 11:44 AM

32. I'm from Western PA, grew up with coal miners

I get it. It's a difficult situation but there are opportunities for other jobs and training in other fields that are often free or low cost at community colleges. I moved away at 18. I still did jobs that literally had no other US citizens working there but I managed somehow.

My friend's dad made him work in the mines during summers in high school specifically to see how difficult it is physically so that he would be motivated to study to do something else. Even uneducated mining families knew 20 years ago that coal was a dying industry and wanted their kids to learn something else. Even now, I have several coworkers whose families are still in West Virginia and Kentucky and had coal histories but wanted their kids to do something else.

The people working in the plants and transportation would have transferable skills to transport other stuff.

I firmly believe the subsidies are only delaying the inevitable for a very short term. That money is better used in retraining them for a different field in the skilled trades: plumbing, electrical, welding, construction, etc.

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Response to IronLionZion (Reply #32)

Sun Feb 11, 2018, 01:18 PM

33. IronLionZion, love that part of the country!

Did a lot of service jobs up and down the Ohio before retiring, mainly chemical and power plants and mills. Good work ethic, so these folks can adapt. Never forget seeing the shuttered industries and desperate communities on the river, including in Pittsburgh.

That's why it's so important for us to re-capture our government so it works to help people first rather than corporate interests. Corporate America and international corps have shown us hundreds of times that they could care less about people laid off, as plants, stores and mines close to enhance corporate interests.

We should be a taking preemptive smart approach as an industry begins to struggle and start the process of retraining, and give folks basic support until they can make it again on their own. Further, the companies causing the dilemma should be required to help.

tRump did America a terrible disservice by implying that the coal industry can be revived. Having working in many of these plants, I know they are very capital investment intensive in that they require very expensive annual maintenance costs, and then there's the issue of ash disposal that really never has been addressed. Those are among the reasons natural gas drove the last nail in that coffin.


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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:09 PM

11. While destroying the solar industry which can produce more jobs

I hate as a tax payer having to subside a dying industry while wind, solar and geothermal should be our future endeavors.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:09 PM

12. How about sending that aid to Puerto Rico instead.

It's not some antiquated industry that's dying on Puerto Rico, it's people.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:14 PM

13. Our Gubermint is in the Farming Biz

might as well be in the King Coal Biz,,,,,,,,that the nice part abt being a Rethug, if ur Biz as a whole starts going under, Gubermint will bail u out!

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Response to Cryptoad (Reply #13)

Sun Feb 11, 2018, 02:07 AM

29. If only we could eat that damned coal! n/t


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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:20 PM

15. Denied. Denied. Denied.

Let the coal assholes die, and they suck on the pollutants that they make.

Solar and wind, forever!

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:33 PM

17. So much for the government shouldn't interfere in private, capitalist ventures.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:34 PM

18. So when did they start caring?

All he does is break and bend the law for his own personal pleasure and profit and to help his BFF (ahem, master) Vladie.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:40 PM

19. 100 million years from now....

Intelligent bees are going to dig up the remains of our civilization and say “God! Were they dumb!!!”

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 01:56 PM

21. Communism for the rich

Remember the way that the Soviet Union kept plants open that only produced left shoes just to make sure everyone had work. This is actually worse!

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 02:50 PM

22. Clean, beautiful coal....

so glad we're subsidizing the destruction of the planet.

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Response to DonViejo (Original post)

Fri Feb 9, 2018, 03:16 PM

24. Well, CRAP. It's not Borowitz. nt

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Response to DonViejo (Original post)

Sat Feb 10, 2018, 03:23 PM

25. Because "free market" and all that.

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Response to DonViejo (Original post)

Sat Feb 10, 2018, 03:43 PM

26. Are eight-track and Betamax manufacturers next? NT

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Response to Bleacher Creature (Reply #26)

Sun Feb 11, 2018, 02:17 AM

30. More likely tRump hotels.

Oh wait...we're already subsidizing tRump properties.


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Response to DonViejo (Original post)

Sat Feb 10, 2018, 04:12 PM

27. This antiquated and dying technology was replaced by something better -

let’s heavily discourage use of the new, better technology so that I can take the votes of a small, niche segment of the population... Coal is coming back, baby (disclaimer: it isn’t)!

Also, anyone looking to employ a new elevator operator?

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Response to DonViejo (Original post)

Mon Feb 12, 2018, 11:29 AM

35. Can't help but wonder

where Trump and Perry stood on the bailout of the auto industry

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