Trump, Perry propose a lifeline for coal and nuclear sectors that critics say is unnecessary and would be harmful

Scott Tong Jun 5, 2018
HTML EMBED:
COPY

Trump, Perry propose a lifeline for coal and nuclear sectors that critics say is unnecessary and would be harmful

Scott Tong Jun 5, 2018
HTML EMBED:
COPY

The White House has made several efforts to prop up failing coal and nuclear power plants. The newest is a presidential directive telling the Energy Department to provide a complex lifeline. That came out Friday, but power grid operators and other key actors in the nation’s electricity system are saying they were blindsided by the news. In the dark, as it were. But one thing seems clear: if this goes through, it would upend the market-based, supply and demand system we have now in the electricity system.

Click the audio player above to hear the full story. 

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.