Mississippi regulators slammed brakes on the Kemper plant, saying customers should not pay for Kemper's non-functional "clean coal" gasification technology.
Southern Company shareholders asserted their disapproval of chief executive officer Tom Fanning, and nearly half the shareholders' votes were cast in favor of steering the company toward climate-friendly energy policies.
This blog was authored by Dan Zegart and cross-posted from the Climate Investigations Center With the Kemper power plant officially scheduled to go on-line imminently according to builder Southern Company, a group of key engineers and managers who work on...
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.
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.
In 2006, Washington voters passed Ballot Initiative 937 creating what was, at the time, the country’s second renewable energy standard (RES). The RES requires large utilities to obtain 15% of their electricity from renewables, excluding hydropower, by 2020. Hydro is...