Say "no" to Trump's expensive coal and nuclear bailout

The Trump administration wants to require utilities to buy power from older coal and nuclear power providers that are having trouble competing with newer, cheaper sources of energy. This would drive up monthly costs for ratepayers by as much as $65 billion. This translates to about $500 more per year for the average consumer. Another study pegs the total cost at $35 billion per year.

This proposed intervention into the energy market has generated heated opposition from all circles: from libertarians, conservatives, and consumer and environmental advocates, to natural gas and oil interests like the American Petroleum Institute.

The costs for solar and other renewable energy sources have declined to the point where coal and nuclear are having a hard time competing. Instead of letting the market decide, the administration is trying to interfere with the ongoing market transformation towards cleaner, more affordable energy.

Propping up failing energy companies is unwarranted and reckless public policy. We should be able to decide how the power we buy is generated.

Please send a message to President Trump and Energy Secretary Rick Perry to tell them that you oppose making taxpayers and electricity customers bail out coal and nuclear power plants.

Subject: No bailout for coal and nuclear companies

Dear President Trump and Secretary Perry,


I am writing to oppose your plan to require utilities to buy power from uneconomic coal and nuclear power providers. This would drive up monthly costs for ratepayers by as much as $65 million, or about $500 more per year for the average consumer.


Your administration's justification for the bailout is to address the "emergency" of grid reliability as these aging power plants go out of business, but there is no evidence for this claim. In fact, PJM, the grid operator where most of the affected coal and nuclear plants operate, states there is no reliability emergency. This is a position shared by the North American Electric Reliability Corporation, the federal body responsible for power reliability, and the Federal Energy Regulatory Commission (FERC). FERC unanimously rejected an earlier version of the bailout.


The federal government should not force taxpayers and ratepayers to prop up failing businesses. The costs for solar and other renewable energy sources have declined to the point where coal and nuclear are having a hard time competing. Instead of letting the market decide, you are trying to interfere with the on-going transformation towards cleaner, more affordable energy.

[Your comments]


I urge you to drop this unwarranted intrusion into the nation's energy market.


Sincerely,
[Your name]

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