Wednesday, May 2, 2018

Report: Trump May Seek Wartime Authority to Boost Coal and Nuclear Plants

In an effort to increase activity at coal and nuclear power plants, the Trump administration is considering the authorization of "sweeping wartime powers" to help those plants that are missing opportunities among their competitors in the natural gas industry. One of the ways the authorizations would be implemented is by directing the Department of Energy to inact Section 202(c) of the Federal Power Act, which would allow the administration to order coal and nuclear generators remain online with guaranteed profits despite their financial issues—similar to an emergency bailout.

https://gizmodo.com/report-trump-may-seek-wartime-authority-to-boost-coal-1825442838

http://www.wochit.com

This video was produced by YT Wochit News using http://wochit.com

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