Southern Company chief executive officer Tom Fanning admitted that Kemper plant is not economically viable as a coal-burning power plant and shifted blame away from himself and corporate management.
A corporate rebrand won't rid Southern Company of its history of misinforming the public on climate change, or their forthcoming problems with the U.S. Securities and Exchange Commission.
Southern Company's Kemper scandal illustrates that investments in carbon capture and storage technology and “clean coal” have wasted billions of dollars, remain too expensive, and are not viable options to decarbonize our electricity sector.
Public frustrations of construction work in progress laws have not been limited to Mississippi. Utility companies throughout the country have been benefiting from this policy for years, and Kemper is just the latest example.
Pope Francis officially released his encyclical, "Laudato Si (“Be Praised”), On the Care of Our Common Home”, calling on “every person living on this planet” to urgently address climate change, reduce the use of fossil fuels, and transition to clean...