Wyoming’s coal carbon capture mandate makes legislative advances. Proponents of the measure say more time is needed to attract interest from prospective third parties that might assume the costs of retrofitting coal plants.
by AnnaBishop1138
Wyoming’s coal carbon capture mandate makes legislative advances. Proponents of the measure say more time is needed to attract interest from prospective third parties that might assume the costs of retrofitting coal plants.
by AnnaBishop1138
5 comments
Boondoggle.
Why fix what needs to be replaced?
Carbon capture on coal plants is so expensive. It’s fucking stupid on economics alone.
But everyone in here knows that.
Rather than spreading their butts for coal, Wyoming government could actually make far far more money by creating legislature to support wind industry, of which Wyoming has untold riches.
Wyoming has 50% of the country’s class 6 & 7 wind potential, total generating capacity potential of ~115,000 GWh/yr.
A ¢0.1/kwh tax on power generated in Wyoming will bring $115M/yr and far more than the current ~4.8k jobs that coal mining has in Wyoming, expectation is about 20k permanent jobs and about 30-40k construction jobs.
Not to forget the flow of money to the state government, farmers, ranchers from wind turbine land leasing which exceeds the current economic benefit of coal.
Translation: They can’t find any dumb suckers to assume the costs of retrofitting coal plants.