Title : Trump's Dream Killed Before The End Of HIs First Year In Office -- Bloomberg -- July 6, 2017
link : Trump's Dream Killed Before The End Of HIs First Year In Office -- Bloomberg -- July 6, 2017
Trump's Dream Killed Before The End Of HIs First Year In Office -- Bloomberg -- July 6, 2017
From Bloomberg:A seven-year, $7.5 billion effort to build a first-of-its-kind “clean coal” power plant in Mississippi is officially over.
Mississippi regulators ordered utility owner Southern Co. on Thursday to come up with a deal that’ll have the Kemper plant -- once hailed by the Obama administration as the future of coal -- running as a natural gas-fired generator instead. That ratified Southern’s June 28 proposal to pull the plug on using coal there.
The ruling seals the fate of the Kemper plant, and memorializes the state utility commission’s call last month for the company to give up on “unproven” technologies at the plant. It also assures that customers won’t pay for the failure.
Almost three years after the plant began generating power with gas, Southern has been unable to put crucial coal-gasifiers into service.
The death of Kemper’s “clean coal” component represents a major setback for the very technologies that President Donald Trump has promoted as a way to help save mining jobs. It also marks the end of a high-profile project that was plagued by construction slowdowns, equipment failures and sliding gas prices. Kemper is already years behind schedule and more than $4 billion over budget.Yup, a major setback for President Donald Trump.
By the way, under which president was this project started? Whatever.
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