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Lawmakers slam DOE’s proposal to help coal, nuclear power

Lawmakers used a Thursday hearing with Energy Secretary Rick Perry to criticize his recent proposal to prop up coal and nuclear plants with higher payments for their electricity. Numerous Democrats on the House Energy and Commerce Committee’s energy subpanel, and one Republican, said the plan would be unnecessarily disruptive to energy market and prop up power plants that aren't competitive.“You are distorting the market, damaging the environment and delivering preferential treatment to favored industries,” Rep. Frank Pallone Jr. (N.J.), the top Democrat on the full committee, told Perry.“At the end of the day, killing off competitive electricity markets just to save generation assets that are no longer economical will lead to higher prices for consumers,” he said.Rep. Pete Olson (R-Texas) said the proposal doesn’t align with Perry’s free-market energy policies from his time as Texas’s governor.

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The Hill
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