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Browsing the "bailout" Tag

White House Shuns Energy Secretary’s Coal & Nuclear Bailout

October 17th, 2018 | by Joshua S Hill

Reports swirling around Washington, D.C. suggest that the White House has shelved plans drawn up by Energy Secretary Rick Perry to effectively bail out the US coal and nuclear industries amidst opposition from President Trump's advisers on the National Security Council and National Economic Council

FirstEnergy Seeks Corporate Fossil Fuel Bailout Amidst Bankruptcy

April 2nd, 2018 | by Joshua S Hill

The subsidiaries that run FirstEnergy Corp.'s nuclear and coal-fired power plants filed for bankruptcy at the end of March after months of speculation, while at the same time essentially petitioning the US Department of Energy to declare an emergency that would effectively bail out the ruined fossil fuel company. 

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