FERC Rejects Energy Secretary Rick Perry’s Coal and Nuclear Energy Market Bailout Plan

By [email protected] Federal regulators have rejected Energy Secretary Rick Perry’s plan to rewrite energy market regulations that would favor the coal industry in the name of grid reliability, delivering a stark rebuke to what has largely been seen as an effort to reward the coal industry at the expense of ratepayers and the environment.

On Monday, the Federal Energy Regulatory Commission issued an order (PDF) terminating Docket No. RM18-1-000, the proceeding it set up to review DOE’s notice of proposed rulemaking, or NOPR. The notorious document, first filed in late September, united oil and gas industries with wind, solar and clean power

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