CleanTechnica•about 2 months ago
Trump Redirects Pollution-Control Funding to Prop Up More Polluting Coal Plants
- •The Trump administration is reportedly redirecting federal funds, originally designated for pollution reduction, to support the construction of new and the life extension of existing, aging coal-fired power plants.
- •This policy aims to counteract the market trend where utilities have voluntarily retired 158 coal plants due to competitive pressure from lower-cost and lower-risk generation sources.
- •For developers, this signals increased regulatory risk and potential headwinds for clean energy projects, potentially altering market dynamics and investment incentives in regions where coal plants are subsidized.
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