Trump’s Coal Bailout Is Dead
Energy commissioners, including four appointed by the president, unanimously rejected the proposal.
by Robinson Meyer
Jan 09, 2018
3 minutes
One of the Trump administration’s most ambitious plans to buoy the struggling coal and nuclear power industries has been shot down.
The Federal Energy Regulatory Commission unanimously rejected a proposal to subsidize coal-burning and nuclear power plants on Monday. Its defeat hands a victory to the motley coalition—of environmental groups, natural-gas companies, free-market advocates, and Democratic state attorneys general—who had opposed the rule and promised to fight it in court.
The 5-0 rejection was all the bitterer for the administration because four of the five
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