TVA says they are in line with the president’s plan on climate change! National Coal is packing their bags and leaving Tennessee! More solar is on the way! Cleaner air, healthier kids, fewer coal plants? It sure does make sense for Tennessee.
We’re having our Tuesday with a dash of Wednesday today over here at Appalachian Voices’ Tennessee HQ. It’s been a big week in the energy world, with President Obama delivering a much bally-hooed speech about his administration’s plans to address climate change through the remainder of his term, and the U.S. Senate Shaheen-Portman (S 761).
Let’s drive straight over to President Obama’s supposedly historic speech on his administration’s plans to address climate change. You can watch the full speech on whitehouse.gov, see the nifty infographic they put together here, and read Appalachian Voices’ statement here.
Appalachian Voices Executive Director Tom Cormons said (and I agree, not only ’cause he’s my boss):
President Obama must stop industry from pushing the costs of doing business off on communities and our environment, while doing more to invest in energy efficiency and renewable sources, particularly in Appalachia and other regions that have borne the brunt of a fossil-fuel economy. For example, the administration’s plan to provide up to $250 million in loan guarantees to rural utilities to finance job-creating energy efficiency and renewable energy investments is a great start. Compare this to the $8 billion in the president’s plan for loan guarantees supporting fossil fuel projects, and its clear that we need to see a much stronger commitment.
Two of the key points of criticism from many environmental, health and public interest groups was that the president’s plan — while taking some important steps on emissions from coal-fired power plants — was essentially a green light for natural gas fracking, and didn’t mention mountaintop removal coal mining at all.
In fact, due to the looming speech, and a slowing Chinese economy, coal shares took a giant nosedive at the beginning of the week. Perhaps that’s another reason that we’ve just learned that National Coal — once Tennessee’s largest coal company — will no longer be doing surface mining in Tennessee. Congratulations to our friends at Sierra Club, SOCM, Tennessee Clean Water Network, and Appalachian Mountain Advocates. We will have more on that case on this blog soon.