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Shake-Up at U.S. Energy Regulator Raises Specter of Coal Bailout (1)

Oct. 25, 2018, 11:15 AMUpdated: Oct. 25, 2018, 8:44 PM

An untimely resignation has given one Kentucky Republican a second shot at saving coal.

Neil Chatterjee, former energy adviser to Senate Majority Leader Mitch McConnell, has been tapped to lead the Federal Energy Regulatory Commission after Chairman Kevin McIntyre stepped down this week due to health issues.

This will be Chatterjee’s second go as head of the agency that oversees U.S. electricity markets. He served as interim chairman for a few months last year and spent most of that time shepherding an ill-fated plan to temporarily subsidize money-losing coal and nuclear plants.

To some, his fresh appointment signals “that the ...