PSEG Closing Last 2 NJ Coal-Fired Plants, Replacing with NatGas

closedTwice in the past week MDN has either heard (in person) or read the statement that “regulations aren’t killing coal, natural gas is.” One of those times MDN heard it at the Benposium East event held in New York City last Wednesday. The other instance was President Obama talking about natural gas at talk on the South Lawn of the White House (see Obama and Man-Child Leo DiCaprio Talk Global Warming at WH Event). Is it true? Sort of. While Obama’s war on coal has contributed, the fact is, low prices for natural gas is causing a shift away from using coal to fire electric generating plants and instead using clean-burning natgas. The trend continues. PSEG–Public Service Enterprise Group–announced yesterday they are retiring their final two coal electric plants in New Jersey. The stated reason is that they are replacing those plants with new natgas-fired plants. It doesn’t take a rocket scientist to know that the new plants coming online in NJ will use Marcellus Shale gas to power them. The closure presents a problem for the nutty Sierra Club and others of their ilk. While they are ecstatic that the coal plants are closing, they are less-than-thrilled that another evil fossil fuel will take its place to power new plants…

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