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Trump Administration May Give Mouth-To-Mouth To Resuscitate Coal Industry

May 21, 2018

Via: Forbes

The Trump administration may try to resuscitate the coal industry by using laws that, in effect, conclude that national security is at stake because the reliability of the electric grid is at risk. That is a hard case to make both to Congress and to the public, which is experiencing stable electricity prices and cleaner options.

The White House has two regulatory levers at its disposal: The first is one developed during the Truman era that was used to help the steel sector and the second is one that authorizes the U.S. Department of Energy to ensure stable electricity supplies under a 2015 highway measure. Both ideas are in response to a prior rejection by federal regulators that would have subsidized older coal and nuclear plants.

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