Ps. Be sure to check out the response by Joe Doakes I’ve included at the end for you to think about. His disqus link is Included for you to find more thoughtful responses on hot topics as well. Can we really afford oBummer and his disastrous policies?
Facing declining demand for electricity and stiff federal environmental regulations, coal plant operators are planning to retire 175 coal-fired generators, or 8.5 percent of the total coal-fired capacity in the United States, according to an analysis by the Energy Information Administration (EIA).
A record-high 57 generators will shut down in 2012, representing 9 gigawatts of electrical capacity, according to EIA. In 2015, nearly 10 gigawatts of capacity from 61 coal-fired generators will be retired.
While many of those coal plants are old and relatively inefficient, the scope of this new planned shutdown is unprecedented.
“The coal-fired capacity expected to be retired over the next five years is more than four times greater than retirements performed during the preceding five-year period,” EIA noted in the analysis.
The generators that will be retired between 2012 and 2016 are “approximately 12% more efficient than the group of units, on average, that retired during 2009-2011,” according to the EIA.
The low price of natural gas resulting from the shale boom has led to reduced coal consumption and made the shutdowns necessary, experts say.
But federal and state regulations have also damaged the industry and contributed to plant closures.
“The cost of compliance with anticipated and existing Federal environmental regulations such as the Mercury and Air Toxics Standards (MATS) is a factor,” the EIA noted. “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.”
Most of the coal-fired generator retirements will occur in the Mid-Atlantic, Ohio River Valley and the Southeast.
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Reply from Joe Doakes: http://disqus.com/joedoakes202/
The problem here is that those generator plants weren't built by the federal government . . .
“You didn’t build that . . .”
- President Obama
July 27, 2012
Dear Mr. Obama,
Normally when you utter something so colossally idiotic I tend to see what everyone else does and if its all been done I’m not going to throw out my opinion on the matter. The “Obama Depression” is about to claim the last bit of my 401K and I’m trying to get this new idea off the ground so I’m a bit busy. This little letter writing gig is a voluntary effort, with all due respect to those who seem to think I’m a some famous writer grand standing their true self, or some rich guy doing this because I need to vent. I’m none of that. If I did make that claim I would be as bad as you. Because through out these reactions to that utterance I realized something.
You, Sir, did not build you. Please allow me to explain. Every step of your life has been prepared for you. Every moment you were pampered and buffed for the next phase like some kind of imaginary character in a television program. From your mother to your girlfriends to your job history and your lack of real world skills. It’s frankly miraculous that you kept the facade up for so long. To repeat; you did not build you, someone else did that.
Well, us common folk “Joe Doakes’s” out in the hinterland don’t have that option. We don’t have the safety net of a group of rich socialist friends that are going to protect us at every turn. We are on our own. And for every improvement we make in our lives there is someone out there, thanks to all of your class rhetoric, that thinks they have a legitimate claim on my labor or my dwindling wealth.
You never felt blame. You never had to stare back at your wife and explain why that second mortgage isn’t getting paid. You never had to live with less so others could have more. You never had to sacrifice what you wanted so someone else could have a shot. You never built a life on merit and exposure to risk nor attempted to serve the public good in the vain of politicians like Henry Clay. You never did that.
There’s this guy running for office. His name is Mitt Romney. He has done nothing but that. No one told him when to “zig” or “zag.” No one told him to do what when. He just did it. Mr. Romney is a “Do the right thing” machine. That’s what he does. He’s like one of those perpetual motion machines that you could buy. You can just count on it. That’s what America needs, someone it can count on to relieve it from the madness that is Washington D.C. by any means necessary. Because if you haven't noticed you didn’t build that city.