Quote

'In the end it's not the years in your life that count. It's the life in your years.'
- Abraham Lincoln -

Thursday, September 20, 2012

Obama Is Pleased. More Miners To Be Axed.

He achieved one of his goals this year:

"Plant owners and operators report to [the U.S. Energy Information Administration] that they expect to retire almost 27 gigawatts (GW) of capacity from 175 coal-fired generators between 2012 and 2016. [B]ased on EIA data, the approximate 9 GW of coal-fired capacity retirements expected to occur in 2012 will likely be the largest one-year amount in the nation's history. The record is, however, expected to be short-lived as almost 10 GW of coal-fired capacity are expected to retire in 2015."

From the same EIA report, one of the reasons given:

"Environmental compliance costs. The cost of compliance with anticipated and existing Federal environmental regulations such as the Mercury and Air Toxics Standards (MATS) is a factor. Particularly in the case of older, smaller units that are not used heavily, owners may conclude it is more cost efficient to retire plants rather than make additional investments."

Lives ruined.  Tens of thousands of them.  And for what?

Chasing windmills.