Report: DOE bailout for coal, nuclear plants could cost $34B

Utility Dive: Along with AEE, the report was funded by a wide range of energy groups and represents a general lack of support for the controversial subsidy proposal, not just among renewables-focused stakeholders, but those with carbon emissions as well.

The plan "could raise costs on American consumers and fundamentally hurt the administration's goal of American energy dominance throughout the world," Todd Snitchler, market development group at the American Petroleum Institute (API), said in a statement.

Read article