Trump’s Coal Bailout Is Dead
“One of the Trump administration’s most ambitious plans to buoy the struggling coal and nuclear power industries has been shot down. The Federal Energy Regulatory Commission unanimously rejected a proposal to subsidize coal-burning and nuclear power plants on Monday. Its defeat hands a victory to the motley coalition—of environmental groups, natural-gas companies, free-market advocates, and Democratic state attorneys general—who had opposed the rule and promised to fight it in court.”