Rick Perry’s Plan to Rescue Struggling Coal and Nuclear Plants Is Rejected
View on The New York Times website"Mr. Perry’s proposal was the most aggressive move yet in support of coal and nuclear power and would have shielded a number of plants in the Midwest and Mid-Atlantic from those competitive forces. An analysis by Resources for the Future estimated that the rule, if enacted, would have prevented the retirement of 25 gigawatts of coal capacity and 20 gigawatts of nuclear capacity. The analysis found that the proposal would have cost electricity users an extra $72 billion through 2045."