Is Manchin any more corrupt than the rest of Congress?

The power plant that buys coal from Sen. Joe Manchin’s company is fighting to stay open by generating electricity for cryptocurrency mining after being on the brink of economic collapse for years.

The plan would ensure that the plant keeps burning some of the dirtiest coal on the market, and continue a lucrative business for Manchin’s family company that sells waste fuel collected at shuttered mines…

That could preserve a large portion of Manchin’s personal income. His company, Enersystems, supplies the plant with nearly all of the gob, or waste coal, it uses for electricity generation from large piles of discarded shale, clay and slurry dug out from two nearby coal mines that closed years ago.

Manchin has collected more than $5 million from Enersystems since he was elected to the Senate in 2010, according to financial disclosure documents. His stock in the company is worth up to another $5 million…

“You have Joe Manchin talking about how utilities are already moving toward clean energy so he doesn’t want to support these new clean energy policies, but you can look at his home state and it’s not happening there,” said Dave Anderson, policy and communications manager for the Energy and Policy Institute. “The continued reliance on coal waste is just costing ratepayers more money so it’s pretty hard to justify. Which makes the fact that he is still making money off of coal more concerning.”…

Manchin is not the first lawmaker to vote on a bill that could affect their personal finances, said Richard Painter, the former chief ethics lawyer to President George W. Bush…

But Manchin’s position as a deal breaker for a provision that could affect his personal income is “terrible for the reputation of our representative democracy,” Painter said.

“They put Manchin in a unique situation, he has this deciding vote, and if there are provisions in there that help his company and he makes those provisions into deal breakers, at a certain point you get close to the bribery statute,” Painter said.

RTFA. Enough detail, answers and explanations to make a stone gargoyle puke on a church.

4 thoughts on “Is Manchin any more corrupt than the rest of Congress?

  1. Gimmie says:

    Coal Plant Enriching Joe Manchin Struggles to Pivot to Crypto Mining : A pivot to crypto mining would allow the Grant Town plant to keep burning Joe Manchin’s dirty waste coal for a profit.
    A West Virginia power plant that has purchased coal from Sen. Joe Manchin’s family business for decades was denied the buyout it needed last week to cease supplying customers with power and transition to cryptocurrency mining.
    The plant is the only one the state that still uses waste coal, dug from mines that closed years ago, almost all of which has come from Manchin’s company.
    Waste coal is some of the dirtiest coal on the market and consists of the refuse from defunct mining operations that’s typically a mixture of clay, soil, rock, and coal. It has an estimated 60 percent of the energy value of other types of coal, requiring up to twice as much to be burned to generate the same amount of energy. Waste coal also contains high levels of mercury and sulfur relative to other types of coal, and its combustion releases fly ash, a fine, powdery material that contains contaminants like arsenic that leach into soil and waterways.
    The Senator has made millions of dollars from sales of waste coal over the last four decades through companies like Enersystems that he founded in the 1980s. Though his son has since assumed leadership over these companies, The Washington Post reported that he’s continued to reap financial rewards from them.

    “A politician who is poor is a poor politician” Carlos Hank González, “a wealthy and flamboyant politician who helped shape the political party that ruled Mexico for seven straight decades.”

  2. Molly Maguire says:

    Manchin’s Coal Corruption Is So Much Worse Than You Knew
    West Virginia’s coal miners just made Joe Manchin’s life a lot harder
    “What’s happening now with miners seems like a seminal moment. Some of the worst tropes in our politics — Democrats harbor nothing but elitist ill will toward miners, and miners’ “way of life” must be defended at all costs — are cracking up and falling away.
    All this emerges from a new report in the New York Times that illustrates the true nature of home-state cross-pressures on Manchin. He’s caught between the miners union and mine owners, who vehemently oppose BBB. [NYT ]
    The United Mine Workers of America backs BBB because it will help mine workers transition to a future they now see as inevitable. BBB contains tax incentives to spur manufacturing and consumption of alternative energy sources such as wind and solar, to hasten our transition to a decarbonized economy.
    United Mine Workers of America statement on Build Back Better legislation (12/20/21)

  3. p/s says:

    The power plant that buys coal from Sen. Joe Manchin’s family business has not paid rent for the last decade.
    The Grant Town power plant is built on the former Federal No. 1 mine in north central West Virginia. That mine is owned by a local company, Horizon Ventures Ltd.
    Grant Town’s owner, American Bituminous Power Partners LP, stopped paying Horizon rent in 2012 and has waged a legal battle for years over the amount it owes Horizon in back rent.
    At the same time it’s skipped rent payments, Grant Town has paid Manchin’s family company, Enersystems Inc., millions of dollars for waste coal.
    American Bituminous Power Partners — or Ambit for short — has “found various reasons to pay, among others, stakeholders and executives, instead of paying its obligations to Horizon,” Horizon attorney Mark Kepple wrote in a recent filing with the Public Service Commission.
    Manchin has spent decades pushing policies that benefit the plant and the waste coal industry that helped make his family fortune (link).
    Enersystems now provides the bulk of the waste coal that Grant Town burns for electricity. Manchin earned about $500,000 from Enersystems last year, according to Senate ethics disclosures.
    The plant’s owners have received multiple rate hikes after claiming they were teetering on the edge of bankruptcy. Utility consumers in West Virginia have paid more than $100 million in recent years to cover those rate hikes, public records show.

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