Saturday, 2 June 2018

Trump administration moves to keep failing coal and nuclear plants open, citing national security

Source: CNBC, 1st June 2018, by Tom DiChristopher

  • The Trump administration is moving to keep coal and nuclear plants open by turning to rarely used federal powers.
  • The administration argues that the plants are necessary in order to protect national security.
  • The move comes after regulators rejected an earlier effort by the Energy Department to subsidize coal and nuclear plants.

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