My job takes me into power plants regularly. As stated before, lots of power companies are diversifying their portfolios to include solar and wind. Neither are as cheap or reliable as coal, but the EPA is knocking on the door of fossil fired power plants, especially coal almost daily, fining them. I can think of a couple of power companies, mostly coal that have gone bankrupt within the past couple of years. Also, our federal government is using a taxpayer funded program that actually pays companies to purchase fossil plants, especially coal and shut them down. I can name a company that is doing just that. Who can blame them? On paper they are a power company, but in reality they are investors and speculators cashing in not much differently than "cash for clunkers". Plus, the federal government is giving major $$$ to companies in the form of subsidies to go solar and wind. Do a Google search on the companies that have taken that $$$ that then went belly up, bankrupt.
Don't get me going. Someone, and I won't say who, promised to bankrupt the coal industry some years back, and he's directing a whole lot of taxpayer money to past and present campaign donors whom if you Google...take the money and run, then file for bankruptcy. The list is quite long. We as a nation are $18,000,000,000,000 in debt, and if I were a power company and many others, I'd cash in as well, and skate all the way to the bank...legally.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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