Climate Changed
Coal's Best Bet for a Bailout May Now Come From Rust Belt
- America’s biggest power grid has proposal that may help coal
- PJM plan coming into spotlight after FERC proposal rejected
A pile of coal sits outside a coal-fired power plant in Romeoville, Illinois.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
The U.S. coal industry’s best hope for a bailout may lie in the Rust Belt now that Washington’s plan has fizzled.
The largest U.S. power grid -- covering Pennsylvania, Ohio and other states -- has been considering an initiative that may keep struggling coal plants afloat.