Coal subsidy sinks after federal committee votes “no”

Aaron Schrank Jan 9, 2018
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Coal subsidy sinks after federal committee votes “no”

Aaron Schrank Jan 9, 2018
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The Federal Energy Regulatory Committee voted down a proposal from the Department of Energy offering financial support for power plants that keep a 90-day supply of fuel stock on site (basically coal and nuclear plants). The FERC said the cost to consumers far outweighed any possible grid security benefit of the measure.

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