Frank Pallone, Jr.

Trump administration plan to prop up coal and nuclear markets rejected by regulators

Trump administration plan to prop up coal and nuclear markets rejected by regulators

A Trump administration plan to force utilities to purchase more coal and nuclear power was rejected Monday by federal regulators, undermining the president’s energy agenda and his promise to revive the coal industry.

The five-member Federal Energy Regulatory Commission, which is dominated by Trump appointees, unanimously rejected the proposal. Its members were not persuaded by arguments from Energy Secretary Rick Perry that solar, wind and other forms of renewable power were destabilizing the nation’s power grid and needed to be backstopped with more coal and nuclear power at a considerable cost to consumers.

The contentious plan to prop up the coal and nuclear markets has...

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