Coal bailout backer McNamee nominated to FERC
Published by Stephanie Roker,
Donald Trump formally nominated his initial coal bailout architect, Bernard McNamee, to the Federal Energy Regulatory Commission (FERC) on 3 October in order to fill the seat of resigning commissioner Robert Powelson.
McNamee helped roll out Energy Secretary Rick Perry's failed coal and nuclear bailout proposal last year, which would have cost electricity customers billions of dollars.
However, some are not happy with this nomination.
In response, Mary Anne Hitt, Senior Director of Sierra Club’s Beyond Coal campaign, stated: “Bernard McNamee’s nomination to FERC is a clear assault on FERC’s independence. […] Collectively, [Energy Secretary Rick Perry and Donald Trump] are trying to use FERC to manipulate America’s electricity markets to bailout coal plants that are heading toward retirement, while locking in a fossil fuel future for communities across the country.”
Read the article online at: https://www.worldcoal.com/power/04102018/coal-bailout-backer-mcnamee-nominated-to-ferc/
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