Are Coal-Fired Power Plants Set For A Boost?

U.S. Energy Secretary Rick Perry has come up with a
controversial plan to slow the closure of coal-fired power plants,
under the guise of stabilizing the power grid. The background of
the yet-to-be-passed policy dates back to April, when Perry
instructed his second-in-command to develop a 60-day
review that looks at how regulatory burdens, subsidies, and
tax policies “are responsible for forcing the premature retirement
of baseload power plants.” He also wanted to know whether wholesale
energy markets adequately compensate…

U.S. Energy Secretary Rick Perry has come up with a
controversial plan to slow the closure of coal-fired power plants,
under the guise of stabilizing the power grid. The background of
the yet-to-be-passed policy dates back to April, when Perry
instructed his second-in-command to develop a 60-day
review that looks at how regulatory burdens, subsidies, and
tax policies “are responsible for forcing the premature retirement
of baseload power plants.” He also wanted to know whether wholesale
energy markets adequately compensate…