coal bailouts


Photo: Greg Goebel/Wikimedia Commons

Rick Perry Rejects Facts in Favor of Coal and Nuclear Bailouts

, senior energy analyst

Much has been written on coal and coal miners since the president began campaigning in earnest in 2016. The president continues to push for a misguided federal bailout of the coal industry—a blatant political payoff to campaign donors using taxpayer money with no long-term solutions for coal workers. As is typical with this administration, substance and science and evidence are inconsequential compared to ideology, and their attempts to bail out money-losing coal and nuclear plants are no exception. Here’s a quick take on how we got here and what to expect next. Read more >

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Photo: PDTillman/Wikimedia Commons

Coal Bailout: Low on Benefits, but High on Costs

, senior energy analyst, Climate & Energy Program

More indications that there is no national reason for a proposed financial rescue of coal plants came out this week. Power grid operator PJM says there is no emergency; a leading coal industry representative says we don’t have any measure or understanding of what is gained in terms of reliability; and financial estimates are reported at $17 – 35 billion per year.

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Photo: PDTillman/Wikimedia Commons
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