Michael Wara posted previously about Rick Perry’s proposal to subsidize coal and nuclear. In its current incarnation, the proposal is aimed purely at ISOs and RTOs that operate capacity markets, which largely means a single entity, PJM. Why the focus on PJM? Oh, I guess I had better explain. OK, to start with, what did …CONTINUE READING
Guest Blogger Michael Wara: The Trump Administration Moves to Guarantee Profits for Coal-fired and Nuclear Power Plants
Finally, something anti-regulation conservatives and pro-environment progressives can agree on: dislike of the Sec. Perry’s Resilience and Reliability NOPR
The gloves came off last week when it comes to the Trump Administration’s attempts to subsidize coal in U.S. electricity markets. On Friday, Energy Secretary Rick Perry formally requested that the Federal Energy Regulatory Commission guarantee profits for both new and existing coal fired and nuclear power plants. While Sec. Perry doesn’t have the power …CONTINUE READING
Compared to other members of the Trump Administration, he’s actually not that bad.
Expectations for Perry were about as low as you can get. He advocated closing the Department of Energy but then forgot the name during a televised debate. He was appointed by Trump, whose fondness for fossil fuels knows no limits, and at the time Perry was selected had little idea of what DOE actually does. …CONTINUE READING
Connecting the Dots on Congressional Action, Trump Appointments
It is hard to imagine a better start to a Presidential Administration for the fossil fuel industry than this one. Three of Trump’s appointees to cabinet positions — Scott Pruitt as Administrator of the Environmental Protection Agency, Rick Perry as Secretary of Energy and Rex Tillerson as Secretary of State — are deeply intertwined with …CONTINUE READING
They’re not as bad as you might think. Relatively speaking.
The immediate environmentalist reaction to Rex Tillerson and Rick Perry — Trump’s choices to run the Departments of State and Energy — is that these are disastrous choices, like Trump’s selection of climate change denier Scott Pruitt to run EPA. That’s understandable. After all, Tillerson is the CEO of Exxon. As to Perry, the Washington Post headline says …CONTINUE READING