Why Rick Perry's proposed subsidies for coal fail Economics 101
- Written by Meredith Fowlie, Associate Professor of Economics, University of California, Berkeley
Demolishing the coal-fired R.E. Burger Power Station in Shadyside, Ohio, July 29, 2016.PROFirstEnergy Corp., CC BY-NDIn a controversial proposal, Energy Secretary Rick Perry has asked federal regulators to effectively subsidize coal and nuclear power plants at ratepayers’ expense. Under Perry’s proposal, plants that operate in...
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