Climate Changed
What Trump Should -- Or Shouldn't -- Do to Rescue Power Plants
- Little consensus on White House’s push to ensure resilience
- Debate hinges on free market vs. need to keep the lights on
A bulldozer moves coal that will be burned to generate electricity at a coal-fired plant in Winfield, West Virginia.
Photographer: Luke Sharrett/Bloomberg
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It didn’t take long at the BNEF Future of Energy Summit for talk to turn to the Trump administration’s push to rescue America’s money-losing coal and nuclear plants.
“Resilience” was the electricity sector’s buzz word du jour, and there’s hardly consensus among utility executives and analysts about whether the White House’s unprecedented plan to ensure it is a good idea. Some deride the administration’s strategy as an assault on free markets. Others defend it as key to keeping the lights on. Here’s what people have said at the summit so far: