(The Center Square) – Recent experiences in three states provide an insight into how problematic President Joe Biden’s push for renewable energy could be for electric customers nationwide, according to
Analysis by the Union of Concerned Scientists (UCS) and the Utility Workers Union of America (UWUA) finds that, not only it is possible to support coal workers in the shift to a low-carbon economy, but these comprehensive policies are affordable.
UCS and UWUA estimated the number of coal miners and coal-fired power plant workers at risk of losing jobs before reaching age 65 as the coal industry declines, and identified the number of US counties at risk due to their direct link to coal.
Comprehensive support for these workers would include five years of wage replacement, health coverage, continued employer contributions to retirement funds or pension plans, and tuition and job placement assistance.
By Susan Montoya Bryan, Associated Press
Consumer advocacy groups, environmentalists and the New Mexico attorney general s office are raising concerns about a proposed multibillion-dollar merger of the state s largest electric utility with a U.S. subsidiary of global energy giant Iberdrola.
The groups have filed testimony with state regulators ahead of hearings that begin next month.
It will be up to the Public Regulation Commission to determine if the merger provides meaningful benefits to Public Service Co. of New Mexico customers and if it would be in the public interest.
Some groups say PNM shareholders will benefit from the proposed transaction and that it could end up stifling competition for renewable energy development in New Mexico.
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Proposed New Mexico utility merger spurs numerous concerns
SUSAN MONTOYA BRYAN, Associated Press
April 19, 2021
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1of3FILE - This May 20, 2012 file photo shows one of the major transmission lines that runs to the west of Albuquerque, N.M. Ahead of hearings that will begin in May 2021, consumer advocacy groups, environmentalists and the New Mexico attorney general s office expressed concerns about a multibillion-dollar merger of the state s largest electric utility with a U.S. subsidiary of global renewable energy giant Iberdrola.Susan Montoya Bryan/APShow MoreShow Less
2of3FILE - This Dec. 29, 2012 file photo shows the exterior of Spanish energy company Iberdrola in Madrid, Spain. Ahead of hearings that will begin in May 2021, consumer advocacy groups, environmentalists and the New Mexico attorney general s office expressed concerns about a multibillion-dollar merger of the state s largest electric utility with a U.S. subsidiary of global renew