Why Coal Is "Retiring" Faster Than Anyone Thought
May 10, 2018
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5:54Now PlayingWhy Coal Is "Retiring" Faster Than Anyone Thought
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as posted by the channelEnergy analysts are expecting coal to fizzle fast. John Iadarola, Jayar Jackson, and Brooke Thomas, host of The Young Turks, breaks it down. To get even more TYT in your life, go to and download our free app!
"Utility coal power closures driven by market economics were a regular occurrence throughout 2017. While President Donald Trump’s “Energy Dominance” agenda gave the false impression that federal efforts could revive coal, 27 coal-fired plants totaling 22 gigawatts (GW) of capacity were announced for early closure or conversion in 2017 – roughly one every 15 days since Trump’s election.
U.S. electricity generation economics have completely reversed. Building new coal is more expensive than building new renewable energy across the U.S. , and in many parts of the country, keeping existing coal plants open is more expensivethan building new wind turbines (and solar, in some places). From 2007 to 2016, 531 coal units representing 55.6 GW of capacity were retired across the U.S., at an increasingly rapid pace.”*
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Hosts: John Iadarola, Jayar Jackson, Brooke Thomas
Cast: John Iadarola, Jayar Jackson, Brooke Thomas
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