As Kentucky coal power plants close, bill to create future-oriented energy commission advances
Kentucky lawmakers introduced a bill Wednesday that would create a commission tasked with assessing power generation capacity and energy needs in the state, long known as a coal-producing powerhouse. The commission’s role will include reviewing plans by Kentucky utilities to retire power plants, and its findings and recommendations will be submitted to regulators at the […]
China Says It Might Not Use Coal Plants It’s Building, Have to Spend Trillions a Year to Hit Climate Goals
On Wednesday’s broadcast of NPR’s “All Things Considered,” John Kerry, special presidential envoy for climate change, said meeting climate goals will cost between $2.5 trillion and $5 trillion a year “for the next 30 years.” He said he believes China may not actually use new energy. The coal-fired power plants they’re building are “because that’s […]
Kentucky Senate votes for nuclear energy development as coal industry declines
The Kentucky Senate voted overwhelmingly Monday to lay the groundwork for attracting nuclear energy projects to a state where coal has dominated and sustained the economy for generations. Republican Sen. Danny Carroll said Kentucky should tap a variety of resources to meet its energy needs, including coal, natural gas and renewable energy, but his bill […]
Federal appeals court kills Obama-era moratorium on coal leasing
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Bank of America reverses course on pledge to stop financing coal and arctic drilling projects
Bank of America appears to be reversing its pledge to end lending to Coal and Arctic drilling projects, new york times It was reported on Saturday. In December 2021, financial services companies pledged to stop direct financing of new coal-fired power plants, thermal coal mines, and Arctic drilling. It also noted that it would no […]