What about renewable clean energy such as wind off the coast instead of a water-sucking nuclear plant? Stephanie Coffin for the 99% asked Southern Company (SO) CEO Thomas A. Fanning. She also mentioned Chernobyl, and said more than once that he hadn’t addressed these questions either in the Q&A section or in his earlier performance.
CEO Fanning once again didn’t address those questions, instead enumarating the points he’d told me (scale, financial track record, and operational credibility). He did refer to SO’s Chief Environmental Officer, Chris Hobson.
But he liked the water point:
I think frankly water, more than air, is the issue of the future.
One of the things we should be very proud about Southern Company is that we are a company that is engaged in offering solutions, not just rhetoric. We remain the only company engaged in proprietary research and development. We’re the only company in America today that has a 1600 person engineering and construction service. So we have the credibility to do whatever our words say.
He also talked about carbon capture research (for DoE, in Alabama), about gassifying coal to “strip out 65% of the CO2” to make it comparable to natural gas (which is what SO mostly uses now to generate energy), and about using the CO2 in oil recovery.
He finally got around to water:Continue reading