This breaking news is reported by Utility Dive. It comes on the heels of a scoop by Bloomberg that "Trump Prepared Lifeline for Money-Losing Coal [and Nuclear] Power Plants."
Public Citizen's Energy Program director, Tyson Slocum, has issued a statement.
If enacted, this bailout of some 80 coal and nuclear power plants in a 13-state region could cost the public $8 billion per year in dirty, dangerous, and expensive energy surcharges on their electric bills and/or income taxes.
AP reported on May 29th that energy lobbyist Jeff Miller is the carbon-breathing, radioactive swamp monster mutating U.S. energy markets for his client FirstEnergy, with his intimate access at the highest levels of the Trump administration. Miller is an old, close personal friend of Energy Secretary Rick Perry -- Miller served as Perry's campaign manager in his unsuccessful bid for the Republican presidential nomination in 2016. And Miller sat down for a private dinner with Trump himself several weeks ago, with the president immediately stating publicly afterwards that this coal/nuclear bailout was a top priority for his administration.
Bloomberg also reported on May 29th:
Miller’s lobbying firm has already chalked up some wins.
Utility giant Southern Co., which hired Miller in March 2017 to lobby the Energy Department and others on nuclear energy issues, was awarded $3.7 billion in conditional loan guarantees for its troubled nuclear reactor project in Georgia.
Article originally appeared on Beyond Nuclear (https://archive.beyondnuclear.org/).
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