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DonViejo

(60,536 posts)
Fri Feb 9, 2018, 01:46 PM Feb 2018

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

35 replies = new reply since forum marked as read
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Trump Administration Is Weighing Emergency Aid for Some Coal Plants (Original Post) DonViejo Feb 2018 OP
What the hell for? pandr32 Feb 2018 #1
To quote them BumRushDaShow Feb 2018 #2
NO to bailouts! dixiegrrrrl Feb 2018 #34
Bob Murray Wellstone ruled Feb 2018 #3
Bingo dalton99a Feb 2018 #5
This POS should be in Wellstone ruled Feb 2018 #7
Absolutely. dalton99a Feb 2018 #8
Context: Photographer Says He Lost His Job After Leaking Pictures Of Rick Perry And Coal CEO mahatmakanejeeves Feb 2018 #9
+1 dalton99a Feb 2018 #10
Karma returns Weed Man Feb 2018 #16
A casket does not have a luggage rack... Robin Williams? keithbvadu2 Feb 2018 #23
George Strait song - "You'll Be There" KY_EnviroGuy Feb 2018 #28
Just another example of the free market Ramsey Barner Feb 2018 #4
Welcome to DU,,,,,Comrade! Cryptoad Feb 2018 #14
There are around 50,000 coal miners total in the US IronLionZion Feb 2018 #6
Excellent point RandomAccess Feb 2018 #20
In all fairness, there are those working in... KY_EnviroGuy Feb 2018 #31
I'm from Western PA, grew up with coal miners IronLionZion Feb 2018 #32
IronLionZion, love that part of the country! KY_EnviroGuy Feb 2018 #33
While destroying the solar industry which can produce more jobs kimbutgar Feb 2018 #11
How about sending that aid to Puerto Rico instead. thucythucy Feb 2018 #12
Our Gubermint is in the Farming Biz Cryptoad Feb 2018 #13
If only we could eat that damned coal! n/t KY_EnviroGuy Feb 2018 #29
Denied. Denied. Denied. Weed Man Feb 2018 #15
So much for the government shouldn't interfere in private, capitalist ventures. sinkingfeeling Feb 2018 #17
So when did they start caring? lark Feb 2018 #18
100 million years from now.... TranssexualKaren Feb 2018 #19
Communism for the rich TranssexualKaren Feb 2018 #21
Clean, beautiful coal.... Still In Wisconsin Feb 2018 #22
Well, CRAP. It's not Borowitz. nt eppur_se_muova Feb 2018 #24
Because "free market" and all that. Vinca Feb 2018 #25
Are eight-track and Betamax manufacturers next? NT Bleacher Creature Feb 2018 #26
More likely tRump hotels. KY_EnviroGuy Feb 2018 #30
This antiquated and dying technology was replaced by something better - Oneironaut Feb 2018 #27
Can't help but wonder MissMillie Feb 2018 #35
 

Wellstone ruled

(34,661 posts)
3. Bob Murray
Fri Feb 9, 2018, 01:53 PM
Feb 2018

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.

 

Weed Man

(304 posts)
16. Karma returns
Fri Feb 9, 2018, 02:22 PM
Feb 2018

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.


KY_EnviroGuy

(14,488 posts)
28. George Strait song - "You'll Be There"
Sun Feb 11, 2018, 03:03 AM
Feb 2018

(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.

..........

Ramsey Barner

(349 posts)
4. Just another example of the free market
Fri Feb 9, 2018, 01:58 PM
Feb 2018

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

IronLionZion

(45,380 posts)
6. There are around 50,000 coal miners total in the US
Fri Feb 9, 2018, 01:59 PM
Feb 2018

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.

KY_EnviroGuy

(14,488 posts)
31. In all fairness, there are those working in...
Sun Feb 11, 2018, 03:37 AM
Feb 2018

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.


IronLionZion

(45,380 posts)
32. I'm from Western PA, grew up with coal miners
Sun Feb 11, 2018, 12:44 PM
Feb 2018

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.

KY_EnviroGuy

(14,488 posts)
33. IronLionZion, love that part of the country!
Sun Feb 11, 2018, 02:18 PM
Feb 2018

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.


kimbutgar

(21,040 posts)
11. While destroying the solar industry which can produce more jobs
Fri Feb 9, 2018, 02:09 PM
Feb 2018

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

thucythucy

(8,037 posts)
12. How about sending that aid to Puerto Rico instead.
Fri Feb 9, 2018, 02:09 PM
Feb 2018

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

Cryptoad

(8,254 posts)
13. Our Gubermint is in the Farming Biz
Fri Feb 9, 2018, 02:14 PM
Feb 2018

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!

 

Weed Man

(304 posts)
15. Denied. Denied. Denied.
Fri Feb 9, 2018, 02:20 PM
Feb 2018

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

Solar and wind, forever!

lark

(23,059 posts)
18. So when did they start caring?
Fri Feb 9, 2018, 02:34 PM
Feb 2018

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

TranssexualKaren

(364 posts)
19. 100 million years from now....
Fri Feb 9, 2018, 02:40 PM
Feb 2018

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

TranssexualKaren

(364 posts)
21. Communism for the rich
Fri Feb 9, 2018, 02:56 PM
Feb 2018

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!

Oneironaut

(5,479 posts)
27. This antiquated and dying technology was replaced by something better -
Sat Feb 10, 2018, 05:12 PM
Feb 2018

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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