Millions of Americans live in communities heavily dependent on the fossil fuel industry, facing both risks and opportunities as the U.S. moves to a low-carbon future. These communities are expected to face economic risks including job loss, reduced tax revenues to fund services and depressed property values. However, these same … [continued]
The latest S&P Global Market Intelligence data shows that a total of 49 gigawatts (GW) of new power generation capacity will be added in the United States in 2019, but will also see the retirement of nearly 6 GW of coal.
A total of 16.9 gigawatts (GW) of US power generation was retired in 2018 according to figures published by S&P Global Market Intelligence including 11.8 GW worth of coal-fired power capacity, accounting for nearly 70% of all 2018 power retirements and solidifying the country’s trend away from coal.
Energy research giants Bloomberg New Energy Finance has confirmed that US coal plant retirements are nearing an all-time high, with at least 16 gigawatts (GW) worth of coal-fired plants already retired in 2018.
Last Wednesday was a big milestone for people who care about public health and a livable climate. Two utilities announced the planned closure of nine coal plants in Illinois, Ohio, Pennsylvania and New Jersey, bringing total retirements (executed and planned) since January 2010 past the 100 mark to 106. … [continued]
