Monday, 4 June 2018

Industry rebukes Trump’s move to stop retirement of coal, nuclear units

J.M. Stuart coal power plant near Aberdeen, Ohio, is due to close in 2018 J.M. Stuart coal power plant near Aberdeen, Ohio, is due to close in 2018

Energy industry stakeholders have unanimously condemned U.S. President Trump’s latest market interference by directing the Department of Energy (DOE) to stop, what he calls, “impending retirements of fuel-secure power facilities.” Rebuking the move, several energy industry associates called the action “misguided” as it would be effectively subsidizing “failing coal and nuclear plants.”

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