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ARTICLE · 22 AUGUST 2017

What Will Propel Our Cars And Trucks?

Duane Morris LLP
Duane Morris LLP
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Over the past several weeks, the following items have all hit the news: a.The Trump administration is "encouraging more coal mining on lands owned by the federal government" as "part of an aggressive push...

United StatesEnvironment

Over the past several weeks, the following items have all hit the news:

  1. The Trump administration is "encouraging more coal mining on lands owned by the federal government" as "part of an aggressive push to... invigorate the struggling American coal industry." New York Times, August 6, 2017
  2. A South Carolina utility, SCANA, "announced to its investors that it is abandoning the construction of two nuclear power plants in the Palmetto State, citing rising costs that would push the total for the two facilities to over $20 billion. The abundance of cheap natural gas from American sources – thanks to the wonders of fracking – has altered the financial calculus and rendered new nuclear... economically nonviable. The announcement leaves the Vogtle power plant in Georgia as the only new nuclear facility currently still under construction in the United States. SCANA, via its subsidiary South Carolina Electric & Gas, has already sunk about $5 billion into the V.C. Summer

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