When Peabody Energy presented its plan to build a massive new coal plant, it marketed it as a source of reliably cheap power and a wise way to meet growing energy needs in an unstable market. But the prices, which have been spiking well over $100/MWh some months, are a far cry from the $45/MWh that Columbia and other purchasers were promised.
Since coal already costs us so much by causing health problems, climate change, and regular ash and slurry spills, the fact that ratepayers are footing the bill for Peabody's unrealistic project adds insult to injury.
A new petition asks the City of Columbia to hold a hearing about how their contract to buy Prairie State electricity will affect the town, which is projected to lose $56 million in five years paying for power that is far above market prices. The petition calls for an open discussion in which citizens can ask questions and critics and proponents of the plant can both present their views.
Sign the petition here.
This statement, written by MORE member Dan Cohn, was written last week on the day of his court date. It is cross posted from Hands Off Appalachia: http://handsoffappalachia.com/2014/01/13/lets-take-it-downtown
On November 25th, 2013, I was arrested for hanging a large banner off a construction crane in downtown Stamford, CT. Today, I’m back in Stamford going to court, where I am facing a felony charge.
I went to jail in November to expose UBS, the Swiss investment bank and wealth management firm headquartered in Stamford, as one of the most prolific financiers of coal companies that practice mountaintop removal (MTR) strip mining in central Appalachia. We were there to make sure UBS can no longer hide from the desolation and desecration entailed by their financial backing of coal companies.
Where I live in St. Louis, MO, energy extraction is an abstraction for most folks. Yet, our city is home to five major coal companies and a huge regional gas utility that adores fracking for shale gas. For those of us like myself who don’t live in the shadow of extraction, we must confront extraction companies on our home turf if we are to stand in solidarity with the folks fighting them in their backyards, as well as...
As 2013 comes to a close, we took some time to reflect on MORE's accomplishments this year. Below, you’ll find a full list, but here are some highlights:
- We led the coalition to collect 36,000 signatures to qualify the Take Back St. Louis Ballot Initiative to realign our city’s investment priorities away from extraction corporations and into sustainable development. St. Louis residents will go to the polls on the initiative on April 8, 2014.
- We fought foreclosures, keeping people like Rose Bess in her home. Rose runs a home daycare and looks after many of her neighbor’s children. When Bank of America tried to evict her, we used direct action and mobilized community support and elected officials to keep her in her home.
- We worked with groups from West Virginia and Black Mesa, Arizona to pressure King Coal in its hometown, connecting struggles with those impacted by the mining of Peabody and Arch Coal.
- We started Participatory Budgeting St. Louis to allocate tax dollars more democratically. There is now a pilot program up and running in the 6th ward.
We need your help to continue to fight corporations who consistently place...
MORE Statement on New Study Showing Peabody Energy Responsible for 0.86% of Carbon Emissions
A new study released yesterday in the Guardian has found that 90 companies are responsible for two-thirds of greenhouse gas emissions since the industrial age. The study, done by Richard Heede at the Carbon Accountability Institute in Colorado, puts significant emphasis on the role of investor-owned, state-owned and government-run companies in causing the climate crisis. According to the study, Peabody Energy, the world’s largest private sector coal company headquartered in downtown St. Louis, has caused 0.86% of global greenhouse gas emissions. Peabody is the highest-ranking investor-owned coal producer on the list. Arch Coal, also headquartered in St. Louis, has caused 0.41% of global greenhouse gas emissions. These numbers do not include the amount of fossil fuel reserves that companies including Peabody and Arch are sitting on and hoping to burn.
In response, Zach Chasnoff with Missourians Organizing for Reform and Empowerment (MORE) released the following statement:
This study is an important step in recognizing just who is to blame for the climate crisis - Peabody and Arch and their CEOs Greg Boyce and John Eaves. It is time that...
Aldermen Cave and Pass $7 Million TIF to Help Laclede Gas Move Three Blocks
Despite Citizen Objections and Outcry, TIF Passes the HUDZ Committee
ST. LOUIS -- Today, the aldermen on the Housing, Urban Development and Zoning (HUDZ) Committee passed 6-1, with 1 abstention, the TIF package for Laclede Gas’ developer, the Koman Group, for the GenAmerica building. Alderwoman Phyllis Young was the sponsor of the bill. While HUDZ committee members had pledged opposition to the bill, only Alderwoman Tyus stood strong to vote against it.
Community members affiliated with Missourians Organizing for Reform and Empowerment (MORE) testified at the hearing and asked alderpeople to vote ‘no’ on the proposal. Many cited conditions in Northside neighborhoods in comparison to development incentives going downtown as reasons for opposition.
“Alderwoman Young said that the GenAmerica building is so nice because you can see straight through the big windows. Well in historic North St. Louis where I live, I can see straight through the vacant lots, broken windows and derelict buildings. I am asking you all to think about who you represent here. We need tax money for our communities,” said Ann Shirley Crenshaw, of North...