Left Out in the Coal

Building Local Power

From an early age, Rose was taught that if you see a problem, you have a responsibility to do something about it. Now in her 70s and living just seven miles from the Sherco coal-fired power plant, Rose shares her story and secrets with us of how she is applying this lesson — working with the Sierra Club’s “Beyond Coal” campaign and successfully mobilizing hundreds of concerned residents in an effort to shut down the plant, and others in the region.
Tyson Slocum, the director of Public Citizen’s Energy Program, joins the second half of the episode to discuss how private equity firms across the country have been acquiring and sustaining coal plants like the ones Rose is fighting against. He explains how private equity firms operate differently from traditional corporations in financing and transparency, insulating them from public scrutiny and pressure to address climate change and adhere to certain ideals. Tyson provides examples of private equity firms exploiting market design changes to extract value from these plants, leaving long-term liabilities, environmental concerns, and residents’ health behind.
For additional resources see: https://ilsr.org/building-local-power/