More coal-fired power plants have closed under Trump than in Obama's first term

[bone]

Former miners slam Trump for giving ‘false hope’ about coal jobs returning: ‘He’s lying to them’
https://www.alternet.org/2019/01/fo...-about-coal-jobs-returning-hes-lying-to-them/

Two former coal miners told CNN’s Bill Weir on Monday that President Donald Trump has been blatantly lying about his ability to bring coal jobs back to the American heartland.

Two former coal miners told CNN’s Bill Weir on Monday that President Donald Trump has been blatantly lying about his ability to bring coal jobs back to the American heartland.

While talking with Weir, coal mining consultant Arthur Sullivan said that Trump has not been truthful about the prospects of bringing back coal jobs that have been declining since the 1980s.

“He’s trying to get [miners’] votes, he isn’t telling them the truth,” Sullivan said. “He’s lying to them.”

Sullivan said that he was particularly annoyed about the president giving false hope to coal miners because “these are really good people” and “if they have the truth, they will make the right decisions.”

Former coal miner Blair Zimmerman, meanwhile, told Weir that Trump was “absolutely” giving miners “false hope” about a coal renaissance that would most likely never come.

“Deregulating stuff will help this much,” he said, making a gesture with his fingers to indicate a small quantity. “It’s not going to help a lot.”

Zimmerman also said that he asked the Trump campaign for specifics about how to bring back coal, and was frustrated that they didn’t seem to have any real plans.

(More information and videos at link)

Almost as obnoxious as the idea of universal basic income in modern Western societies.

 

[El OchoCinco]

He basically looked at each state he needed to win and came up with bullshit to win those votes. Claims about coal got a few southern states all riled up and on board and in other states people thought he was making a big deal about a U.S. industry and grabbed their kneepads as well.

Sad how easily the U.S. voting public is swayed by bullshit to vote for somebody in either party and then never hold them accountable when they realize they were lied to. Voters would rather lie to themselves than admit they were wrong about who they voted for....

 

[bone]

He basically looked at each state he needed to win and came up with bullshit to win those votes. Claims about coal got a few southern states all riled up and on board and in other states people thought he was making a big deal about a U.S. industry and grabbed their kneepads as well.

Sad how easily the U.S. voting public is swayed by bullshit to vote for somebody in either party and then never hold them accountable when they realize they were lied to. Voters would rather lie to themselves than admit they were wrong about who they voted for....

True. And look how late HRC was to the universal healthcare party. It wasn't until Bernie was getting serious attention that she started to reverse course and advocate for Universal Healthcare and Student Debt Forgiveness.

The real US election fraud and collusion occurred in the Democratic Primaries.

 

[Cuddles]

Not going to happen the electrical power sector. Hard coal is coming back in the steel sector. We are seeing increased use of coal outside the electrical generation sector. This however only brings a few jobs back. Better than what Obama was doing which would have ensured all of their jobs would be gone.

Nearly 2,000 miners across four states may lose their jobs after yet another major coal company filed for bankruptcy this week – the third since May and fourth since last October.

During his 2016 presidential campaign, Trump promised to revitalize coal and save miners' jobs, despite scientists linking the burning of the fossil fuels to global warming, but the industry has continued to suffer losses.

Although Trump has touted coal's rebirth, 51 coal plants have closed and eight coal companies have filed for bankruptcy since his election, CBS News reported last month.

Trumps 4d Chess

https://www.yahoo.com/finance/news/p...032519841.html

 

[destriero]

This is more of an irreversible economic trend driven by two factors...

1) The low cost of natural gas due to fracking and the addition of many natural gas powered electric plants.
2) The policies of the Obama administration forcing electric companies to take coal fired plants offline or add expensive C02 filters are at this point irreversible. The capital investment cycle for utilities is lengthy and most are walking down the natural gas path.

Natgas traded as low at 1.75 in Obama's second term.

Natgas traded as high as 4.68 in Trump's first term.

Trumptard was going to make us debt free in 8 years, yet he's added over two trillion to the US national debt. He was going to save coal jobs which are being lost as a record pace.

 

[destriero]

True. And look how late HRC was to the universal healthcare party. It wasn't until Bernie was getting serious attention that she started to reverse course and advocate for Universal Healthcare and Student Debt Forgiveness.

The real US election fraud and collusion occurred in the Democratic Primaries.

You're fucking delusional.

 

[Cuddles]

 

[userque]

Why anyone would believe what Trump says, or that "coal is coming back," is fascinating.