Trump’s own appointed regulators reject the Orange Genius

[kiwiman127]

Trump’s own energy regulators rejected Trumpster’s master plan to raise the coal and nuclear sectors from the dead.
The problem. Trump’s plan would be like burning money to heat an igloo.
Everybody said it was a waste on tax payer dollars, but noooo, the genius president wouldn’t listen. Someone told him he was smart and like any ego-maniac, Trump believed them.
This what happens when you have a world class narcissist president, who would ever admit he’s wrong. Too badTrumpster,,the regulator’s decision is binding, by the way.
Trump-appointed regulators reject plan to rescue coal and nuclear plants

 

[Dont Taz Me Bro]

How is nuclear a waste of money? It's the cleanest, viable source of energy we have right now. It's widely used throughout Europe and many other parts of the world. Storage of waste is a controversial subject, but that aside, it's the best option available.

 

[kiwiman127]

How is nuclear a waste of money? It's the cleanest, viable source of energy we have right now. It's widely used throughout Europe and many other parts of the world. Storage of waste is a controversial subject, but that aside, it's the best option available.

Coal’s demise is a no brianer.
The nuclear waste is albatross. But the question is,,why does the nuclear industry need subsidies as noted in the decision?

 

[usmbguest5318]

Has Trump ever voiced any affinity for nuclear power plants? He may have, but his predilection for coal is well and widely known. If Trump has not aired any thoughts about nuclear power plant expansion/construction, I'm inclined to think the inclusion of nuclear production facilities is merely an artifact of sorts.

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Why? Because the Perry proposal essentially would have required electricity transmission owners to make increased payments to electricity generation owners that maintain an on-site 90-day or greater supply of fuel. The only power generation facilities that can meet that constrain are coal-fired and nuclear-fueled ones. So, in essence what Perry did was craft a regulation proposal that found a way to provide a "carve-out" for coal-fired energy production businesses without actually designating it as a coal production carve-out and that happens also to take nuclear power production businesses along for the ride.

That said, there is an element of similarity between coal and nuclear power plants: both obtain their fuel sources from mining. Miners, in comparison to oil and gas industry workers, need comparatively fewer skills in order to qualify for the better paying revenue-cycle jobs that also don't have any particular formal and/or experiential prerequisites.

• Offshore drilling worker | Job profiles | National Careers Service
  
• Coal miner | Job profiles | National Careers Service

After all, it's just not that difficult to find someone who can operate mechanical machines that transport and pound rocks. Sure, there are IT-heavy, engineering and geology jobs in mining companies; however, people qualified to obtain those jobs aren't the one's griping about the exodus of jobs from the "coal country" town they refuse to leave and crying because they don't have a good job.


Rick Perry said, "Marketplace distortions are putting the very resource mix that has enabled our ability to endure severe events at risk." It's ironic, if not disingenuous, that he said that seeing as his proposal is but another marketplace distortion. What are market distortions? Tariffs, subsidies, price and profitability controls/limits, variances in taxability that erode the progressivity of the applicable tax structure, legislative or regulatory preferences, etc.



Additional reference information on production costs by power plant type:

• How much does it cost to generate electricity with different types of power plants? - FAQ - U.S. Energy Information Administration (EIA)
  
• Energy Source Cost Comparisons
  
• Electric Generating Costs: A Primer - IER
  
  
  
  
  
  
  
  
  
  
• Do not construe that my having included the following site -- How to Compare Power Generation Choices -- here as my endorsing the methodology it presents; I haven't read it. I merely noticed that it came up on a list and the page's title struck me as potentially helpful to some, so I just included it.