JUST TOOK PLACE IN MISSOURI,
SUCH A TRAGEDY SUCH A GREAT
LOSS MAY GOD BE WITH YOU ALL.
>> TOPPING OUR NEWS THIS HALF
HOUR, REGULATION ROLLBACK
ENVIRONMENT PROTECTION AGENCY
THE TRUMP ADMINISTRATION, IS
CUTTING THE RED TAPE FOR THE
DIS
DI
DISPOSAL SPENT FUEL.
>> 28 TO 31 MILLION DOLLARS A
YEAR IN REGULATORY COSTS ONE
SEE GONE.
JOINING IS NOW PRESIDENT AND
CEO BOB MURRAY.
>> WHY IMPORTANT TO MAKE THIS
CHANGE NOW BOB?
>> GOOD MORNING, DAGEN, IT IS
VERY IMPORTANT, TO MAKE THESE
CHANGES RIGHT NOW, BECAUSE
DONALD TRUMP RECOGNITIONS THE
NEED FOR COAL-FIRED
ELECTRICITY IN AMERICA TO HOLD
DOWN COST PROVIDE RELIABILITY
IN POWER SUPPLIES ALSO CARES
ABOUT WORKING PEOPLE AND OUR
COAL MINERS.
HE HAS NOT BEEN ABLE HOWEVER
TO CARRY OUT ALL THE NEEDED
PROGRAMS, SIGNIFICANTLY AS A
RESULT OF A JANUARY VOTE
AGAINST HIM, AND AGAINST
ENERGY SECRETARY RICK PERRY BY
FECKLESS APPOINTEES TO FEDERAL
ENERGY REGULATORY COMMISSION
IT WILL IS VERY IMPORTANT THAT
COAL SURVIVE THESE PLANT
CLOSURES AND THAT AT LEAST 30%
DAGEN: YOU HAVE BEEN INVOLVED
IN SHAPING THE PRESIDENT'S
ENERGY POLICIES AS YOU WERE
POINTING OUT YOU THINK THAT
THE PRESIDENT THIS
ADMINISTRATION, STILL FALLING
SHORT CAN YOU TALK MORE ABOUT
THAT WHAT ELSE NEEDS TO HAPPEN
WHAT WHEN REGULATIONS NEED TO
GO --
>> WELL, LET ME GIVE YOU AN
ILLUSTRATION OF THE PROBLEM WE
HAVE IN AMERICA TODAY.
COAL-FIRED ELECTRICITY POWER
PLANTERS BEING CLOSED IN LARGE
RATE WE HAVE TO STOP THAT,
ALARMING RATE WE HAVE TO STOP
THAT WHAT HE HAS TO DO THESE
RESULT IN VERY BAD KWEPGS
DAGEN FOR AMERICA'S CONSUMERS
WITH CLOSING ELECTRIC POWER
GRIDS BECOME UNRELIABLE
INSECURE ILLUSTRATED IN A COLD
SNAP AT THE BEGINNING OF THIS
YEAR.
WHERE COAL SUPPLIED 57% OF THE
POWER, NATURAL GAS ONLY 15%
BECAUSE IT WAS NOT AVAILABLE
AT THE TIME.
SOME UTILITIES OFTEN CLAIM
THAT CLOSING COAL-FIRED PLANTS
FIRM DAGEN, THAT THE PREMATURE
RETIREMENT WILL COST 15 TIMES
MORE THAN CONTINUING TO
INTERCONNECTION DID THE STUDY.
TO RETIRE THREE PLANTS.
COST ELECTRICITY RATE PAYERS
5.7 BILLION DOLLARS.
SO THESE COOL FIRED PLANTS
YOUR VIEWER YOUR -- COUPLE ON
FIXED INCOME, MANUFACTURERS
THAT NEED LOW COST
THIS COUNTRY OR ELECTRICITY
RATES ARE GOING TO SKYROCKET
AND THAT IS EXACTLY WHAT THE
PRESIDENT UNDERSTANDS HE GETS
IT, AND TRYING TO ADDRESS IT,
BUT, UNFORTUNATELY, THE
FEDERAL ENERGY REGULATORY
COMMISSION HAS NOT RECOGNIZED
THAT YOU CAN'T STORE SUNSHINE
WORKERS I HAD HONOR GOING TO A
COAL MINE IN KENTUCKY A YEAR
AND A HALF A AGO TWO YEARS AGO
THE FACT WE HAVE NOT BUILT A
NEW COAL-FIRED ELECTRICITY
PLANT IN WHAT IS IT OVER 20
YEARS NEWER TESTIMONIES ARE
SKYROCKETED NATURAL GAS IS
CHEAPER SO --
>> YOU ARE WRONG, MR. SHAPIRO
THE COST OF ELECTRICITY FROM
COAL-FIRED PLANT 4 CENTS A
KILOWATT HOUR.
OVER LAST 10 YEARS HAS BEEN 15
CENTS A KILOWATT HOUR.
>> NATURAL GAS COMPREHENSIVE
WITH COAL NOT ENTIRE KIN
WINDMILL SOLAR PANEL
MR. SHAPIRO 20 CENTS KILOWATT
HOUR ANOTHER STUDY SHOWS 50%
CHEAPER TO KEEP COAL-FIRED
PLANTS OPERATING FOR CONSUMER
OF ELECTRICITY THAN TO CLOSE
THEM THE NUMBERS SIR 4 CENTS
-- 40 DOLLARS I'M SEEING
KILOWATT HOUR VERSUS 80
DOLLARS KILOWATT HOURS.
>> UTILITIES HAVE NOT BUILT
COAL-FIRED PLANTS.
GENERATION ON TO THE RATE PAIR
THEY ARE GOING TO CONTINUE TO
DO THAT THEY LIKE TO BE
POLITICALLY CORRECT.
BUT IT IS NOT IN BEST
RATEPAYERS WHO PAY ELECTRIC
BILLS THOSE COUPLES ON FIXED
INCOME PAYING 31% OF INCOME
RIGHT NOW FOR ENERGY, THAT IS
GAS LIEN AND ELECTRIC FAR TOO