Trump Bailing Out Coal
The Trump administration is propping up dirty energy. Ana Kasparian, John Iadarola, and Michael Shure, the hosts of The Young Turks, break it down. Tell us what you think in the comment section below.
Read more here: http://www.latimes.com/politics/la-na-pol-energy-trump-20180108-story.html
“Trump administration plan to force utilities to purchase more coal and nuclear power was rejected Monday by federal regulators, undermining the president’s energy agenda and his promise to revive the coal industry.
The five-member Federal Energy Regulatory Commission, which is dominated by Trump appointees, unanimously rejected the proposal. Its members were not persuaded by arguments from Energy Secretary Rick Perry that solar, wind and other forms of renewable power were destabilizing the nation’s power grid and needed to be backstopped with more coal and nuclear power at a considerable cost to consumers.
The contentious plan to prop up the coal and nuclear markets has been atop Perry’s agenda for months. The secretary had warned the proliferation of what he characterizes as less reliable renewables is undermining national security by destabilizing the grid. The market forces that are precipitating the closure of coal and nuclear plants, Perry argued to the commission, needed to be confronted with government intervention that would keep the fossil fuel plants online.”
Hosts: Ana Kasparian, John Iadarola, Michael Shure
Cast: Ana Kasparian, John Iadarola, Michael Shure
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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