Tag: Coal Plants

After Pushing to Shut Coal Plants Down, Biden Shells Out Millions for Green Projects in Coal Towns

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The Biden administration announced hundreds of millions of dollars to support green energy projects in current and former coal towns Tuesday morning, as the administration continues to push policies that could run some coal plants out of business.

The funding includes $450 million from the Bipartisan Infrastructure Law to develop “clean energy demonstration projects” on current and former mining territory, which the administration projects will generate up to 90 gigawatts (GW) of clean energy, according to a White House fact sheet. Economic incentives in the president’s signature climate law, the Inflation Reduction Act, in concert with stricter environmental regulations could lead to roughly between 50 GW to 80 GW in coal-fired power plants going offline by 2030.

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Commentary: America’s Emerging Energy Crisis

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The warning signs are everywhere.  We are stumbling toward an energy crisis that is likely to be far more severe and long-lasting than the upheavals of the 1970s.  And no, this isn’t about Russia or Ukraine. This is about the perilous state of the U.S. electricity grid. 

If action isn’t taken soon to address the unraveling reliability of the grid, the United States will face the specter of rolling blackouts, factory shutdowns, loss of jobs and soaring electricity bills. Our organization CASE recently released a policy brief highlighting just how dire the situation is. 

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Bloomberg’s Decision Not to Run for President Is a Windfall for the Sierra Club

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by Michael Bastasch   Former New York City Mayor Michael Bloomberg’s decision not to run for president in 2020 has at least one group very excited — the Sierra Club. That’s because Bloomberg promised to “expand” his support for the Sierra Club’s “Beyond Coal” campaign, and the former mayor pledged to start a new climate activism venture to move the U.S. “Beyond Carbon.” Bloomberg’s goal is to close every U.S. coal plant in the next 11 years, a goal the Sierra Club reacted quickly to embrace. Bloomberg has already donated $110 million to the Club’s anti-coal campaign, and his op-ed suggests more funding is on the way. We’re proud of our partnership with @MikeBloomberg on @BeyondCoal — and we’re excited about his focus on moving beyond ALL fossil fuels to 100% clean energy. https://t.co/9bPfIS2LWK — Sierra Club (@SierraClub) March 5, 2019 Sierra Club leaders were quick to praise Bloomberg’s decision as well. Beyond Coal’s Director Mary Anne Hitt praised Bloomberg’s “partnership” and “leadership in pushing to move beyond all fossil fuels.” .@MikeBloomberg is right. We can, and we will, retire every coal plant in the country in the next eleven years — just like we can move to 100% clean…

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