The coal industry is disappearing, and with it, the jobs of many coal miners. Can solar provide an alternative?
Last September Energy Secretary Rick Perry proposed new regulations that would have forced ratepayers to pay more to prop up the fading coal industry. FERC released its decision on NOPR last week and unanimously rejected Perry's proposal! Read on to learn more about FERC's decision to say no and why coal isn't the answer.
With some rather peculiar coal subsidies being pushed by the U.S. Department of Energy at present, our energy policies certainly can feel like they’re moving backwards. But despite the strange, heavy-handed attempt at market interventions from Secretary Perry, economic factors and renewable technology advancements will likely make this attempt to resurrect a dying industry too little, too late.