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Old 06-01-2018, 02:16 PM  
RodeoPants2 RodeoPants2 is offline
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Trump props up failing industry

LOL forever republicans. Do you have any principles left or are you just servants at the alter of the great leader trump?

Coal is a dying industry. We could bail it out, or we could let the free market do its thing.

https://www.politico.com/story/2018/...-plants-617112

Quote:
President Donald Trump on Friday formally threw his weight behind an administration push to compel power companies to keep their coal-fired and nuclear plants operating in the name of national security — an effort that has stirred criticism from environmentalists, the oil and gas industry and some free-market Republicans.
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Old 06-01-2018, 02:23 PM   #2
Stewie Stewie is offline
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So what? What's the alternative?

The biggest use of electricity is refrigeration in all aspects. Are you willing to give up your refrigerator? Are you willing to have billions of dollars worth of food thrown in a landfill because it's inedible?
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Old 06-01-2018, 02:26 PM   #3
Bob Dole Bob Dole is offline
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Here’s Mr. Clownpants and his dying industry, while I sit here getting my power from a shiny new, state of the art coal fired power plant.
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Old 06-01-2018, 02:29 PM   #4
Hamwallet Hamwallet is offline
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Originally Posted by RodeoPants2 View Post
LOL forever republicans. Do you have any principles left or are you just servants at the alter of the great leader trump?

Coal is a dying industry. We could bail it out, or we could let the free market do its thing.

https://www.politico.com/story/2018/...-plants-617112
As I sit at my desk making more per hour then you make all day at my nuke job... I am laughing at your dumbass.
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Old 06-01-2018, 02:30 PM   #5
Donger Donger is offline
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Quote:
Originally Posted by Stewie View Post
So what? What's the alternative?

The biggest use of electricity is refrigeration in all aspects. Are you willing to give up your refrigerator? Are you willing to have billions of dollars worth of food thrown in a landfill because it's inedible?
Pixie dust burns pretty well.
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Old 06-01-2018, 02:31 PM   #6
WhawhaWhat WhawhaWhat is offline
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Originally Posted by Stewie View Post
So what? What's the alternative?

The biggest use of electricity is refrigeration in all aspects. Are you willing to give up your refrigerator? Are you willing to have billions of dollars worth of food thrown in a landfill because it's inedible?
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Old 06-01-2018, 02:32 PM   #7
WhawhaWhat WhawhaWhat is offline
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Originally Posted by Hamwallet View Post
As I sit at my desk making more per hour then you make all day at my nuke job... I am laughing at your dumbass.
What does he do all day at your nuke job?
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Old 06-01-2018, 02:36 PM   #8
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Quote:
Originally Posted by Stewie View Post
So what? What's the alternative?
The alternative is to rebuild or replace those old decaying power plants, which is what they were going to have to do before President dumbass decided to try some communist-style central planning.
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Old 06-01-2018, 02:40 PM   #9
Hamwallet Hamwallet is offline
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Originally Posted by WhawhaWhat View Post
What does he do all day at your nuke job?
Reading comprehension fail
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Old 06-01-2018, 02:40 PM   #10
WhawhaWhat WhawhaWhat is offline
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The alternative is to rebuild or replace those old decaying power plants, which is what they were going to have to do before President dumbass decided to try some communist-style central planning.
Can't rebuild now. Steel prices are too high.
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Old 06-01-2018, 02:41 PM   #11
Buehler445 Buehler445 is offline
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Originally Posted by Bob Dole View Post
Here’s Mr. Clownpants and his dying industry, while I sit here getting my power from a shiny new, state of the art coal fired power plant.
We didn’t get ours. Obama’s EPA killed it.
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Old 06-01-2018, 02:42 PM   #12
HonestChieffan HonestChieffan is offline
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Old 06-01-2018, 02:50 PM   #13
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Old 06-01-2018, 03:01 PM   #14
BucEyedPea BucEyedPea is offline
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Did The Free Market Kill Coal?

Would you like to know my secret to turning my environmentalist friends into stalwart defenders of the marketplace?

The answer is simple: coal....

The “free market killed coal” adage apparently qualifies as ironic humor in leftist circles. ...

A Government-Subsidized "Marketplace"

The less-informed greens who relish in the suffering of Appalachia want to say the rise of renewable energy sources have given the coal industry an ultimatum. They contradict themselves by clinging to the notion of “market competition” while the Barack Obama administration cut tens of billions of dollars in checks to well-connected green energy companies. ..


Government Regulation Has Prevented Modernization of the Industry

Most coal-fired power plants are decades-old and built during an era where they were merely expected to burn coal, not meet a whole host of regulatory requirements. Regulatory burdens such as the rules put forth by environmental agencies in Washington DC and the permits required to build coal-fired power production have grown tremendously over the years.

The waiting period between the time investors agree to finance a project and the project’s realization has grown accordingly.

For any wealthy investor looking to back a project that will make him money, why would he sit on his capital for years, waiting for the permits to clear and federal regulators to settle on a standard the plant needs to meet, rather than put it into something else? Investing elsewhere will often provide a much quicker, much safer return. The opportunity cost, as economists would say, is too great to justify investments in the coal industry.

The greatest damage regulators have done to the coal industry is to make modernization prohibitively expensive. The end result are “zombie” power plants. Just ask the folks in the industry. Relics of decades past with piecemeal technological equipment intended to allow the plant to scrape by whatever new regulatory requirements have come out. At the plant’s heart, however, there is an aging skeleton unable to compete with modern standards of energy generation.

https://mises.org/wire/did-free-market-kill-coal
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Old 06-01-2018, 03:08 PM   #15
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