For much of last year, U.S. Energy Secretary Rick Perry pursued a plan that, in essence, would prop up the financially challenged U.S. coal and nuclear industries. His proposal, submitted to the Federal Energy Regulatory Commission last fall, provided financial subsidies to electric-generation plants that kept 90 days of fuel onsite. Natural-gas... U.S. regulator rejects coal, nuclear bailout, says renewable energy may double by 2020
For much of last year, U.S. Energy Secretary Rick Perry pursued a plan that, in essence, would prop up the financially challenged U.S. coal and nuclear industries. His proposal, submitted to the Federal Energy Regulatory Commission last fall, provided financial subsidies to electric-generation plants that kept 90 days of fuel onsite. Natural-gas...