5.2 F
Chicago
Tuesday, January 31, 2023
HomeIllinois NewsBlame Government, Not the Market, for Dwindling Coal Industry

Blame Government, Not the Market, for Dwindling Coal Industry

Date:

spot_img

Unnamed (4)

By Isaac Orr, The Hill - 

Advocates of renewable energy say free and competitive markets are to blame for coal-fired power plants being replaced by natural gas and wind generation. The problem is, there is no such thing as “free-market electricity generation,” because electricity markets are warped by a series of state and federal government policies. These include a host of regulations that require states to purchase a portion of their electricity from renewable sources, as well as federal policies that subsidize renewable energy sources and impose onerous regulations on coal-fired power plants, such as the Clean Power Plan.

READ MORE

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

2 COMMENTS