Good try, DOE Secretary Perry, but you’re outta here!  Yes, it’s true, a tRump stacked FERC said “NO!” to a proposed rule to subsidize coal and nuclear plants, generation with 90+ days of fuel on hand, outmoded generation plants that are oh-so-suffering while they try to compete in the wholesale “free market” and sinking south fast because costs of production are high and market prices are higher.  I’m shocked, utterly shocked, and very pleasantly surprised!

What did Perry ask for?  Here’s the Notice of Proposed Rulemaking:

Secretary Rick Perry’s Letter to the Federal Energy Regulatory Commission

Bottom line?  Gotta snort, “Now that a quorum has been restored at the Commission, I am confident…” (click for larger version):

SOL!!! 

That’s SNORT out loud… how’s that workin’ for ya, Secretary Perry?

What he thought was a slam dunk was a 5-0 rejection of preferential “out of market” treatment for certain generators.  Nope, ain’t gonna happen.

Here’s the FERC Order, straight from the horse’s mouth.  I’m most appreciative of the many articles and posts that include the primary document.  It’s crucial to be able to read the FERC Order.  This is REAL NEWS!

FERC-20180108-3061(32617655)_No2CoalNukeSubsidy

There are a lot of people railing and wailing about subsidies these days, but it’s very lopsided, and I’m not hearing the complaints about all the subsidies of coal and nuclear.  If you want to complain about subsidies, slash them across the board.  “Free market” right, the essence of capitalism, right?