someoneyouknow
Literotica Guru
- Joined
- Jun 5, 2006
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It's official. The con artist's plan to use billions of taxpayer dollars to subsidize the dying coal industry has been rejected en masse by Federal Energy Regulatory Committee, an independent energy agency.
According to FERC, the plan would have increased costs to consumers of electricity, would have distorted the free market and would do nothing to keep the dying coal industry alive. The agency said there is no evidence that any past or planned retirements of coal-fired power plants pose a threat to reliability of the nation's electric grid due to the increase use of renewables such as wind and solar.
When asked to comment on the decision, one coal miner in West Virginia answered with a pitiful, "But he promised. He promised."
https://www.cbsnews.com/news/trump-plan-to-boost-coal-and-nuclear-power-gets-rejected/
According to FERC, the plan would have increased costs to consumers of electricity, would have distorted the free market and would do nothing to keep the dying coal industry alive. The agency said there is no evidence that any past or planned retirements of coal-fired power plants pose a threat to reliability of the nation's electric grid due to the increase use of renewables such as wind and solar.
When asked to comment on the decision, one coal miner in West Virginia answered with a pitiful, "But he promised. He promised."
https://www.cbsnews.com/news/trump-plan-to-boost-coal-and-nuclear-power-gets-rejected/