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Authors Matthew Kressel

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Matthew Kressel
Matthew Kressel
@mattkressel
It's 2021. If you still think coal is a good business plan for America's future, I've got a bridge I'd like to sell ya.


"In April 2020, Bloomberg New Energy Finance found Solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population."

The @nytimes reports that Joe Manchin (D-West Virginia) and Mitch McConnell (R-Kentucky) are likely to be the most vociferous objectors to Biden's climate plan. I'd like to point out that supporting coal is going to lead their states to ruin.

Coal is already one of the most expensive forms of energy generation. It's actually cheaper to produce *new* solar power plants than to keep existing coal plants running.

Supporting coal in this rapid-growth renewable market is like the people at Kodak who thought digital photography was a fad, or the folks at Sears who thought their "tried and true" brick and mortar stores could weather in the Amazon instant-buy age. IOW, terribly short-sighted.
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