Drudge Retort: The Other Side of the News
Monday, May 13, 2019

Cloud Peak Energy formally declared Chapter 11 bankruptcy this past Friday and now its workforce of more than 1,000 strong are in the precarious position of wondering if their paychecks will stop.

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As clean power becomes cheaper/kwh thanks to innovation and aging coal plants go offline and are not replaced because there are cheaper alternatives, this becomes inevitable without government intervention.

Thanks Capitalism!

#1 | Posted by Rightocenter at 2019-05-13 07:20 PM | Reply

But but but Clean Coal!

Everything Trump touches turns to drek. What a loser.

#2 | Posted by bored at 2019-05-13 08:10 PM | Reply | Newsworthy 3

#2

This process started almost 20 years ago when thin film photovoltaic technology took a massive leap forward and turbine technology made a similar leap.

But don't worry about the coal industry, there are plenty of products that can come from coal that will keep the mines rolling in the near term.

Non-fuel uses of coal

#3 | Posted by Rightocenter at 2019-05-13 09:35 PM | Reply

...there are plenty of products that can come from coal that will keep the mines rolling in the near term.

Steel is what keeps my hopes up, being a coal miner and all.

#4 | Posted by REDIAL at 2019-05-13 09:53 PM | Reply

Wah wah!

#5 | Posted by aborted_monson at 2019-05-13 11:43 PM | Reply

#1 | POSTED BY RIGHTOCENTER

Oh please ... subsidies subsidies subsidies.

Solar and Wind hasn't take off, Coal has been decimated...
ieefa.org

Nuclear ....
www.eia.gov

#6 | Posted by AndreaMackris at 2019-05-14 12:37 AM | Reply | Newsworthy 1

AMF

#7 | Posted by snuffy at 2019-05-14 02:08 AM | Reply

As more disenfranchised white MAGA Americans walk to the welfare line due to Trump's inability to keep his campaign promises, out in the distance a maniacal laughter is heard... HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!

Homelessness sucks, America. Where's the mercy and compassion for MAGA America?

All of Hispanic America's thought and prayers, y'all!

Que Dios bendiga America!

You gringos will learn to sing Stars and Stripes Forever in Spanish! So help me, White Jesus!

#8 | Posted by MisterCarajo at 2019-05-14 07:37 AM | Reply | Funny: 3

Cloud Peak is not the only coal company that has recently filed bankruptcy, Alpha Natural Resources, Peabody Energy, Arch Coal, Mission Coal, and Westmoreland Coal all have done the same. Trump promised coal workers he would keep mines and plants open but more locations have now closed during the Trump era than during President Obama's entire eight years.

__________________________________________________________________________________________

Can't beat empirical evidence, can we, MAGA? Looks like more and more MAGAts to the cotton fields. The old stand by, joining the military, is not an option since the Pentagon just allocated another billion -- a total of 2 billion -- for Herr Trump's wall. And China is the new King of Manufacturing. Unless you want to move to Vietnam, of course. Maybe Bezos will hire you for his Amazon warehouses? Oh wait. Robotics. You're screwed there, too, MAGA. We warned you back in the 90's. Go back to school and study a STEM focused career.

But NOOOOOOOOOOOOOOOooooooooooo! Coke no pepsi. And no coal either.

HAHAHAHAHHAHAHAHAHHAHAHAHAHAHHAHAHHAAHA! (1966 Joker's laugh)

#9 | Posted by MisterCarajo at 2019-05-14 08:08 AM | Reply | Funny: 2

I guess Cloud Peak wasn't selling enough of that new Beautiful, Clean Coal (patent pending). The market has spoken. Capitalism is great!

#10 | Posted by catdog at 2019-05-14 09:10 AM | Reply

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I don't celebrate the loss of anyone's jobs but I do celebrate the eventual demise of the coal industry.

#11 | Posted by danni at 2019-05-14 09:12 AM | Reply

We are going to make coal great again!

- Fat Nixon 2016

#12 | Posted by Nixon at 2019-05-14 09:21 AM | Reply | Newsworthy 1

Why would a coal company be headquartered in a state which has no coal? Come on guys, if a restaurant goes under you don't stop eating out. If there is coal in the ground, and a market for that stuff, someone will mine it. The one thing we need coal for is to produce steel, still haven't got around that requirement yet.

#13 | Posted by docnjo at 2019-05-14 09:51 AM | Reply

"Come on guys, if a restaurant goes under you don't stop eating out. If there is coal in the ground, and a market for that stuff, someone will mine it."

Seriously??

If a restaurant feeds you food that is harmful to you and your environment it should go under.

And you should find a restaurant that serves healthy food. And the president should promote healthy eating.

You are obviously dain bramaged.

Hopefully Nurse Ratchet should be along with your meds soon.

#14 | Posted by donnerboy at 2019-05-14 10:10 AM | Reply | Funny: 1

If there is coal in the ground, and a market for that stuff, someone will mine it.

#13 | POSTED BY DOCNJO

That is the problem. The market. The demand is dropping precipitously. Not only renewable sources, but natural gas is eating coal's lunch. And steel production accounts for less than 20% of coal consumption (global).

So, yeah... there will still be coal mined. But A LOT less. Means a lot of the MAGAts will lose their jobs. Could not happen to better people.

#15 | Posted by gtbritishskull at 2019-05-14 10:11 AM | Reply

Why would a coal company be headquartered in a state which has no coal?

They were headquartered in Wyoming where there is plenty of coal, and they were one of the largest coal producers in the US.

Congrats on being wrong about literally everything, that's quite an accomplishment.

#16 | Posted by JOE at 2019-05-14 10:17 AM | Reply | Newsworthy 1

As clean power becomes cheaper/kwh thanks to innovation and aging coal plants go offline and are not replaced because there are cheaper alternatives, this becomes inevitable without government intervention.
Thanks Capitalism!

#1 | POSTED BY RIGHTOCENTER

It's not capitalism. It's government investment in alternative energy sources like wind, solar and water. And we are still way behind the Chinese.

This is the type of thing we need to invest in to be competitive. Lowering energy costs, having good infrastructure in place, and having an educated, dynamic, flexible workforce is what makes America competitive with the rest of the world.

So why are Republicans against those things?

#17 | Posted by Sycophant at 2019-05-14 10:27 AM | Reply

Meanwhile, whatever gains we make in reducing carbon emissions are wiped out by China.

China Building New Coal Plants Equal to Entire US Capacity

China is building hundreds of new coal-fired power plants capable of generating a total of 259 gigawatts (GW) of electricity -- that's equal to the entire existing U.S. coal fleet of around 266 GW, findings by advocacy and research group CoalSwarm show.

www.theepochtimes.com

#18 | Posted by nullifidian at 2019-05-14 10:35 AM | Reply

remember when OBAMA just hated coal, the coal industry, and America?

those were the salad days

#19 | Posted by ChiefTutMoses at 2019-05-14 10:38 AM | Reply

In other news the sony betamax production facility will cease operation and the 3rd largest producer of punch cards for mainframe data storage seems to be in trouble too

#20 | Posted by hatter5183 at 2019-05-14 11:01 AM | Reply | Funny: 1

China Building New Coal Plants Equal to Entire US Capacity
China is building hundreds of new coal-fired power plants capable of generating a total of 259 gigawatts (GW) of electricity -- that's equal to the entire existing U.S. coal fleet of around 266 GW, findings by advocacy and research group CoalSwarm show.
www.theepochtimes.com

#18 | POSTED BY NULLIFIDIAN AT 2019-05-14 10:35 AM | REPLY

But mom, Billy gets to do it!!! Whaaaaaah!!

That reasoning stopped working for most people when they were 3

#21 | Posted by hatter5183 at 2019-05-14 11:03 AM | Reply

#16 | Posted by JOE Wrong, when a firm declares bankruptcy they are supposed to do so in the state they are incorporated in. BTW Two Wyoming coal trains pass by my house every day to be used in Texas power plants. Each has 100 cars, with 50 tons in each car every day. We have plenty of natural gas, but that coal is cheaper. BTW, Texas has it's own power grid. Our power plants are the newest and we export power.

#22 | Posted by docnjo at 2019-05-14 11:12 AM | Reply

Doc is unaware of reality as usual

Texas produces more electricity than any other state, generating almost twice as much as Florida, the second-highest electricity-producing state. Natural gas-fired power plants supplied almost half of the state's net electricity generation in 2017 and exceeded that share in 2018. Coal-fired power plants supplied about three-tenths of state generation in 2017, but decreased to about one-fourth in 2018.More than 5,000 megawatts of Texas coal-fired generating capacity was retired in 2018.

As coal plants age they are not building new coal plants. They are being retired. Their lifespan is counting down

www.eia.gov

#23 | Posted by hatter5183 at 2019-05-14 12:59 PM | Reply | Newsworthy 2

BTW Two Wyoming coal trains pass by my house every day to be used in Texas power plants. Each has 100 cars, with 50 tons in each car every day. We have plenty of natural gas, but that coal is cheaper.

#22 | POSTED BY DOCNJO

Are you sure that "coal is cheaper"? Or are they just using coal because those are the plants they have? It is expensive to build a new power plant. Even if the fuel for your old one is more expensive it can make better business sense to keep on running it until it becomes too expensive to maintain rather than build a new power plant with the cheaper fuel.

The same thing is happening with nuclear. They are still running, but they aren't commissioning new ones. And the ones they have they are not doing any maintenance on that is not absolutely required.

The question you need to ask is... how many NEW coal power plants are they building in Texas. That would tell you whether coal has a future.

My guess is the answer would be "almost none".

#24 | Posted by gtbritishskull at 2019-05-14 01:34 PM | Reply

Wrong, when a firm declares bankruptcy they are supposed to do so in the state they are incorporated in

Yes, they're incorporated in Delaware (lke millions of other entities), but they're "headquartered in Wyoming", and that was your claim, so it's you who's wrong.

#25 | Posted by JOE at 2019-05-14 02:02 PM | Reply | Newsworthy 1

#24 | Posted by gtbritishskull Actually the new plants are multi-fuel. The can run on almost anything. Coal, gas, or oil. Buy doing this they can take advantage of the fuel market.

#26 | Posted by docnjo at 2019-05-14 05:06 PM | Reply

- they're incorporated in Delaware

Why is that exactly? ...and what did either Clinton or Obama do about it during their terms?

In fact, did either of them even bring it up?

#27 | Posted by SheepleSchism at 2019-05-14 07:15 PM | Reply

Why are you asking me about that, "Ira?"

#28 | Posted by JOE at 2019-05-14 07:33 PM | Reply

LOL docnojo is like one of those inflatable punching clown toys.

#29 | Posted by jpw at 2019-05-14 09:39 PM | Reply | Newsworthy 1

#29 | Posted by jpw, Perhaps that would be true if my critics actually knew what they are saying, like Texas has new power plants that can use more than one fuel.
#25 | Posted by JOE, Yea, Delaware is the wild west of cooperate law. There isn't any regulation to speak of. Nevada is in the same boat.

#30 | Posted by docnjo at 2019-05-15 03:57 AM | Reply

Actually the new plants are multi-fuel. The can run on almost anything. Coal, gas, or oil. Buy doing this they can take advantage of the fuel market.

#26 | POSTED BY DOCNJO

Uhhh... Link?

To get the most efficiency out of natural gas you want to use a combined cycle (run the gas through a turbine, then use the exhaust to run a boiler). You can create syngas from coal and then run that through a combined cycle, but my understanding is that the capital costs are very high compared to a solely natural gas plant so very few plants that do this actually exist . You can also use coal as a supplement on the combined cycle (use it to bump up the temp of the exhaust before it is sent to the boiler), but that is designed to use the coal as secondary for peaking, not to be used on its own.

Ultimately, the problem is the tradeoffs. To get flexibility in what fuel you can use, you either have to vastly increase capital costs, or accept lower efficiency (which leads to higher fuel cost per MWh). Generally it is not worth it, so they stick with single fuel plants.

So, what types of "multi-fuel" plants are they building in Texas???

#31 | Posted by gtbritishskull at 2019-05-15 09:48 AM | Reply

#31 | Posted by gtbritishskull. According to guys that work there, the coal is ground into a powder and injected into the boiler with air. They use natural gas to get to temp and maintain that heat with this injection system. Seems to be very efficient.

#32 | Posted by docnjo at 2019-05-15 09:58 AM | Reply

#32 | Posted by docnjo Oh, you were describing a co-generation system. Savaging energy from existing systems is big business now.

#33 | Posted by docnjo at 2019-05-15 10:01 AM | Reply

The coal powered power plants have been in closing mode for about 8 years now. That decision cannot be made over a weekend like you libs think.

#34 | Posted by Sniper at 2019-05-15 11:54 AM | Reply

Coal is like news. Different sources are available.

#35 | Posted by Petrous at 2019-05-15 03:18 PM | Reply

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