Over the years, I’ve written and spoken extensively about the urgency of providing a fair and equitable transition for coal-impacted communities as we collectively move towards a clean energy economy. This includes not just the workers at the coal-fired power plants, but also the mine workers that feed those plants, as well as the communities surrounding those plants and mines that depend on the coal industry for their economic livelihoods. Given the scale of the climate crisis, it is imperative to drive down greenhouse gas emissions and transition to clean energy as quickly as possible. But the cost of this transition should not be borne solely by coal communities and workers, not does it have to be. By coupling clean energy commitments with the careful and targeted use of a powerful and somewhat lesser known financial tool called securitization, states can do both: accelerate the transition to clean energy and ensure that impacted coal workers and coal communities don’t get left behind.
March 28, 2019 12:58 PM EDT
March 21, 2019 9:42 AM EDT
Yesterday the Illinois Environmental Protection Agency submitted a proposal to set stricter air pollution limits in the ongoing state rulemaking over Dynegy-Vistra’s fleet of coal-fired power plants in Illinois.
The proposal is a good thing for lowering harmful air pollution. Dynegy-Vistra has also discussed the possibility of retiring some of its remaining coal-fired units in the near future.
December 20, 2018 10:57 AM EDT
There is a growing trend amongst coal plant operators: save customers money by switching to seasonal operation and operating less. Operators can secure those savings for customers because other resources (like wind, solar and other resources) are often available at lower cost. Reduced operations also translate to reduced emissions.
November 27, 2018 9:33 AM EDT
The assumption that cutting carbon will increase the costs of energy simply doesn’t hold true. Read more >