Rick Perry's Dirty Coal Deal

View on The Houston Chronicle website

Date

Jan. 9, 2018

News Type

Media Highlight

Source

The Houston Chronicle

"Under this plan, the coal industry might have cleaned up by selling more of its dirty fuel, but consumers would have paid a collective fortune. A study conducted by Resources for the Future estimated the total subsidy necessary to guarantee profits for coal and nuclear generators in 2025 would have amounted to $7.6 billion. Between 2020 and 2045, the subsidies would have cost consumers an estimated $72 billion."

Topics

Electric Power

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