CleanTechnica•12 days ago
Using Taxpayer Money, Trump Bails Out Coal Power Plants in Kentucky, Ohio, West Virginia, & North Carolina
Key Takeaway
Government intervention to prop up coal power plants in key PJM states signals significant market distortion and policy risk for developers and large consumers focused on cleaner energy alternatives.
AI Summary
- •The Trump administration is reportedly using taxpayer money to bail out coal power plants in Kentucky, Ohio, West Virginia, and North Carolina.
- •This policy action indicates a strong governmental preference for fossil fuels, potentially distorting energy markets in the specified regions.
- •For developers, this suggests increased competition from subsidized coal and potential regulatory headwinds for new clean energy projects in these states.
- •Large power consumers in these regions should anticipate potential market volatility and continued reliance on high-emission sources, impacting sustainability goals and long-term energy planning.
Topics
capacity-marketemissionspjmpolicy
Article Content
Aside from denying that long established climate science is real, and the threats to humanity from global heating are great, the Trump administration is intent on doing all kinds of absurd things to pretend that fossil fuels are better than they are, and to line the pockets of fossil billionaires ... [continued] The post Using Taxpayer Money, Trump Bails Out Coal Power Plants in Kentucky, Ohio, West Virginia, & North Carolina appeared first on CleanTechnica .