Energy Secretary Rick Perry faces grilling over plan to subsidize coal and nuclear power generation
Energy Secretary Rick Perry answered questions from Congress about his mandate that the Federal Energy Regulatory Commission (FERC) come up with new subsidies for coal and nuclear power plants.
The Energy Department gave FERC 60 days to come up with a plan. Several industry groups said the proposal is unnecessary because the nation’s grid is reliable and that it is just a means to save aging coal and nuclear plants.
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