Bye Bye Coal Bailout

314 views · Published 10 January 2018 · 1:47 · Indexed 17 October 2026

Channel: The YEARS Project · 2018 · News & Politics

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President Donald Trump and Energy Secretary Rick Perry have been trying to engineer a multi-billion dollar bailout for big coal. But that plan just hit a major roadblock, and that's welcome news for the climate. 

SOURCES:
[i] The Atlantic.com. Trump’s Coal Bailout Is Dead. Jan 9th. 2018.  https://www.theatlantic.com/science/archive/2018/01/trumps-coal-bailout-is-dead/550037/ 
[ii] Nasdaq.com Coal Industry Outlook - October 2017. Oct 2nd. 2017.  http://www.nasdaq.com/article/coal-industry-outlook-october-2017-cm854294 
[iii] Ibid
[iv] RTOInsider.com ICF Analysis: DOE NOPR Cost Could near $4B/Year. Oct 4th. 2017. https://www.rtoinsider.com/icf-doe-nopr-76642/ 
[v] Politico.com. Energy regulator rejects Perry's plan to boost coal. Jan 8th. 2018.   https://www.politico.com/story/2018/01/08/rick-perry-energy-coal-nuclear-269263 
[vi] Energy.gov. Grid Resiliency Pricing Rule. Jan 8th. 2018. https://energy.gov/sites/prod/files/2017/09/f37/Notice%20of%20Proposed%20Rulemaking%20.pdf 
[vii] Bloomberg.com. Regulators Reject Perry’s Plan to Help Coal and Nuclear Plants. Jan 8th. 2018. https://www.bloomberg.com/news/articles/2018-01-08/perry-plan-to-help-coal-nuclear-plants-rejected-by-regulators 
[viii] FERC.gov.FERC Initiates New Proceeding on Grid Resilience, Terminates DOE NOPR Proceeding Jan 8th. 2018. https://www.ferc.gov/media/news-releases/2018/2018-1/01-08-18.asp#.WlUd3JM-dE4 

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