The Donald Trump administration says coal is back and nuclear energy is cool. Not at the expense of natural gas, wind and solar, insists an unusual coalition of business and environmental groups.
Dow Chemical, Koch Industries and US Steel Corp. are standing with environmentalists in opposing an energy department plan that would reward nuclear and coal-fired power plants for adding reliability to the nation’s power grid and are pressuring the administration to shift course.
Energy secretary Rick Perry says the plan is needed to help prevent widespread outages such as those caused by hurricanes Harvey, Irma and Maria and a 2014 “polar vortex” in the eastern and central US. The plan aims to reverse a steady tide of retirements of coal and nuclear plants, which have lost market share as natural gas and renewable energy flourish. Read More…
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