Opposition Grows To DOE Energy Secretary Perry’s Coal & Nuclear Bailout, Manufacturers Claim It Will Kill Jobs

Opposition continues to grow and solidify against US Department of Energy Secretary Rick Perry’s plan to prop up the country’s coal and nuclear industries by subsidizing their supposed contribution to grid resiliency, with a diverse group of 12 energy industry associations and a large group of manufacturers calling on the Federal Energy Regulatory Commission to ditch the plan.

Earlier this week we reported on a letter filed with the US Federal Energy Regulatory Commission (FERC) by eight former Commissioners opposing a proposal filed by Department of Energy (DOE) Secretary Rick Perry seeking to subsidize the coal and nuclear power industry based on the false assumption that they provide vital grid resiliency and reliability. Secretary Perry’s proposal came hot on the heels of the long-awaited Department of Energy report studying the country’s grid — a report which, without necessarily dismissing renewable energy, nevertheless clearly revealed the DOE’s support for coal and nuclear.

Secretary Perry’s proposal seeking subsidies for the coal and nuclear industries was unsurprisingly met with disappointment and condemnation from across the American electricity industry — as well as concern from two currently-serving FERC Commissioners.

via Opposition Grows To DOE Energy Secretary Perry’s Coal & Nuclear Bailout, Manufacturers Claim It Will Kill Jobs | CleanTechnica

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