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Re:BlackRock’s decision to dump coal signals what’s next
by pjc50 on Friday January 17, 2020 @05:22AM
(#22073477)
> Do you think people run coal power plants to generate profit? Profit doesn't matter.
Depends on where you are in the world; quite a lot of the west has privatised its generation and does dispatch through markets, so the coal plant really will be run if and only if it's profitable.
The UK has almost completely closed all its coal generation in the past decade.
Re:BlackRock’s decision to dump coal signals what’s next
by bureaucrat on Friday January 17, 2020 @12:06PM
(#22076546)
Quite a lot of the East does not. Also, UK replaced it's coal for natural gas because large coal mines are not near it.