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U.S. Energy Chief Still Trying to Get to ‘Yes’ on Coal Bailout

Aug. 14, 2018, 10:20 PM

The Energy Department is still trying to reach an agreement on a plan to keep uneconomic coal and nuclear plants online, more than two months after outlining the proposal for the National Security Council.

“We are still working our way through to get to a final policy position,” Energy Secretary Rick Perry told reporters at an event at the National Renewable Energy Laboratory in Golden, Colo. “There is no written policy at this particular time.”

At the direction of President Donald Trump, Energy Department officials are looking for ways to extend the life of money-losing coal and nuclear plants ...