FERC Rejects Sec. Perry's Reckless plan

A Statement from Rev. Mitch Hescox

President/CEO

On Monday, The Federal Energy Regulatory Commission (FERC) rejected U.S. Department of Energy (DOE) Secretary Rick Perry’s attempt to subsidize expensive coal and nuclear power plants on the backs of electric consumers like you and me. We applaud their decision and commend FERC’s action that defends both our wallets and our children’s health.

FERC’s ruling, at least for the moment, halts DOE Secretary Rick Perry’s terrible proposal that would have benefited Bob Murray and Murray Energy (a Trump supporter) more than any other coal supplier. Secretary Perry tried to pass off this blatant attempt at corporate welfare as necessary for ensuring “grid reliability,” or no disruption in electricity service due to power shortages. Mr. Perry wanted to blame our increasing use of renewables and clean air regulations for a non-existent “crisis” in grid reliability, but DOE’s own study on the issue did not support Secretary Perry’s claims.

Currently in the United States, utility scale wind electric generation (non-subsidized) remains the least expensive with utility size solar (non-subsidized) in second place, and natural gas in third while coal and nuclear are very distant and more expenses modes of producing power. At least one 2017 study states that it would be more cost effective to shutter existing coal fired stations and replace them with renewable energy.  We are thankful to FERC for seeing through this veiled attempt to benefit a few at the expense of our children’s health and future.

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