Author Topic: Leaked document shows Trump officials planning to force Americans to spend $311m-$11.8b/year to keep  (Read 1100 times)

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Offline Suppressed

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Leaked document shows Trump officials planning to force Americans to spend $311m-$11.8b/year to keep unprofitable coal and nuclear energy plants from shutting
CORY DOCTOROW / 9:45 AM SAT JUN 2, 2018
https://boingboing.net/2018/06/02/defense-production-act.html



Officials in Trump's Department of Energy prepared a plan to use unprecedented "emergency powers" to force the US grid to rely on expensive, unprofitable coal and nuclear power, rather than paying market rates for cheaper sources of energy: renewables and natural gas.

The plan will cost Americans an additional $311,000,000 - $11,800,000,000/year according to estimates from researchers at Energy Innovation and the Climate Policy Initiative.

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Offline RoosGirl

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Power from renewables is cheaper?

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Power from renewables is cheaper?

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Online IsailedawayfromFR

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I have not seen this group issue similar researchers' report on why the govt is funding unprofitable renewable power generation.

All the same scenarios on capital costing, opcosts, etc being subsidized for renewables exist, so where is the report?

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