13Jun

The World is More Uncertain Than You Think

Nobel Laurette Daniel Kahneman, the author of the best-selling Thinking, Fast and Slow, offered some sage advice to investment professionals at the CFA Institute’s recent annual conference. According to the institute’s blog, Kahneman said: “When something happens, you immediately understand how it happens. You immediately have a story and an explanation. You have that sense […]
13Jun

Save Coal and Nuclear Power — We Might Need It

Via The Deseret News: There is nothing more important for future electrical power in the United States than whether, in the wake of an enormous loss of baseload power due to overregulation in recent years, our country preserves financially stressed nuclear and coal plants for essential baseload power. Although the Trump administration has taken steps […]
11Jun

The Government Has Placed Lead Shoes on the Coal Industry

Via The Washington Post:  Catherine Rampell’s June 5 op-ed, “A new kind of ‘free market’,” revealed a glaring misunderstanding of the electricity market and the dynamics that have pushed well-operating coal and nuclear power plants into early retirement. Far from being free, the electricity marketplace has been shaped by overzealous regulation and enormous subsidies for […]
08Jun

Coal, Nuclear Power Remain Vital

Via The Times-Tribune: As the United States enters an era of upheaval in electricity markets, we are obliged to make the best possible use of energy sources through significant government intervention that will lead to greater electric stability and reliability. Because they provide baseload power around the clock, economically challenged coal and nuclear plants can […]
08Jun

American Indians Rally to Save Arizona Coal Plant, Saying Hundreds Will Lose Jobs

Via The Salt Lake Tribune: More than 300 people who say their livelihoods depend on a coal-fired plant on a sprawling American Indian reservation rallied in Phoenix Wednesday to request a 90-day delay in steps being taken to shutter it by 2019. Demonstrators — including miners who extract the coal that fires the plant, plant […]
07Jun

Troubles in Texas, California Highlight Concerns Over America’s Baseload Power

Via The Morning Consult: The Eastern United States is probably breathing a sigh of relief that summer is finally here. In part, that’s because early 2018 saw a particularly brutal stretch of winter. But it wasn’t just a “bomb cyclone” that chilled millions of homes this past winter. It was the prospect of brownouts and […]
06Jun

Trump Moves to Safeguard Coal Plants

Via The Roanoke Times: Jarrett has served on both the National Association of Regulatory Utility Commissioners (NARUC) and the Missouri Public Service Commission. Part of what makes the United States’ standard of living so high is access to affordable, reliable electricity. Thanks to a robust infrastructure of power generating stations, cities across the nation can […]
06Jun

Trump Administration Aims to Take Coal High-tech

Via The Williamson Daily News: Coal is in the news again, thanks to the Trump Administration. But this time there’s a new wrinkle. The administration is aiming for a high-tech approach that could appeal to climate change activists looking to secure realistic reductions in carbon dioxide (CO2) emissions. The Department of Energy (DOE) has announced […]
06Jun

Trust Us, We’ve Got This

June 6, 2018 What emergency? That’s the message we keep hearing from critics of the Trump administration’s plan to boost the reliability and resiliency of the nation’s grid. Sure, these critics admit, we’ve lost half the nation’s coal fleet since 2010 and dozens more coal plants are teetering on the edge of premature retirement. And […]