Rick Perry went looking for a reason to bail out coal and came back empty
When Energy Secretary Rick Perry ordered a study back in April to examine the “premature retirement” of “baseload” coal and nuclear plants, the writing seemed to be on the wall: presumably, the administration would use the study to claim that renewable energy is undermining the reliability of the grid, justify the rollback of incentives and environmental protections and then prop up coal. But now the report is out, and it does not provide much support for that conclusion. The study reveals some essential facts: Cheap natural gas is the primary force driving the...
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