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Politics : Formerly About Advanced Micro Devices

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To: POKERSAM who wrote (1013960)	5/1/2017 10:39:56 AM
From: Wharf Rat	Read Replies (2) of 1578133

"The Climate rally IS the shame" The reason for the climate march is the shame... Trump declares end to 'war on coal,' but utilities aren't listening \| Reuters: “Reuters surveyed 32 utilities with operations in the 26 states that sued former President Barack Obama’s administration to block its Clean Power Plan, the main target of Trump’s executive order. The bulk of them have no plans to alter their multi-billion dollar, years-long shift away from coal, suggesting demand for the fuel will keep falling despite Trump’s efforts. The utilities gave many reasons, mainly economic: Natural gas – coal’s top competitor – is cheap and abundant; solar and wind power costs are falling; state environmental laws remain in place; and Trump’s regulatory rollback may not survive legal challenges. Meanwhile, big investors aligned with the global push to fight climate change – such as the Norwegian Sovereign Wealth Fund – have been pressuring U.S. utilities in which they own stakes to cut coal use.”

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