coal

Questioning Secretary Perry’s Policy Proposals: Should this be standard practice after his recent “economics lesson”?

Questioning Secretary Perry’s Policy Proposals: Should this be standard practice after his recent “economics lesson”?

Secretary of Energy, Rick Perry, recently released a proposal that would guarantee profits to coal fired power plants that maintain 90 days of fuel on site as protection against the electricity grid failing. Secretary Perry’s suggestion that coal reserves are necessary to protect the electricity grid from failing is unsubstantiated given a recent report by the Rhodium Group which found that over the past five years only .00007% of major power disruptions nation-wide were due to fuel supply problems.

 

Bucking the Resource Curse in Appalachia: The Hopeful Rhetoric of the Braidy Industries Aluminum Mill

Bucking the Resource Curse in Appalachia: The Hopeful Rhetoric of the Braidy Industries Aluminum Mill

Braidy Industries will break ground on construction of a greenfield aluminum mill in Eastern Kentucky in early 2018.  While proponents like Matt Bevin believe the aluminum mill is the answer to the economic devastation caused by the collapse of the region’s coal industry, Kentuckians should consider whether swapping one fluctuating industry for another is the long-term solution we need.