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US: Regulator rejects coal, nuclear bailout

By  |  January 10, 2018

The US Federal Energy Regulatory Commission (FERC) has rejected Energy Secretary Rick Perry’s proposal to provide financial assistance to coal and nuclear power plants.

The federal agency believed that supporting the use of fossil fuels would undermine efforts to shift towards renewable energy.

Environment America energy programme director Rob Sargent said, “Secretary Perry’s proposed rule was but another in a long list of actions by the Trump administration that defy the facts to appease the polluter lobby.

“We should not tolerate actions like this that are designed to extend the life of polluting and risky power plants.”

Recent increases in demand for solar and windpower capacities has reduced demand for electricity produced from coal and nuclear power plants.

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