Climate Changed
There's a Chance Trump's Power Bailout Actually Cuts Emissions
- BNEF sees a possibility that coal generation wouldn’t change
- Meanwhile, nuclear generation may rise, reducing emissions
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One -- potentially unintended -- consequence of the Trump administration’s coal and nuclear bailout plan: Greenhouse-gas emissions could drop.
According to a Bloomberg New Energy Finance report issued Tuesday, coal-fired plants may not actually run more even if the Trump administration creates capacity payments for them. Rewarding reactors with the same, however, would probably lead to more nuclear production and could displace millions of tons of carbon dioxide a year, BNEF analyst William Nelson said in the report.