The Trump administration is pulling out all the stops to give a leg up to coal and nuclear, moving to take unprecedented action to intervene in the U.S. electricity markets to essentially bail out failing plants as they face an existential threat from natural gas and renewable energy. For more than a year, the Trump administration has been trying to come up with a justification to boost coal and nuclear power plants, but several attempts have failed to pass legal muster. In 2017, Secretary of Energy Rick Perry proposed offering a subsidy of sorts to power plants that held a 90-day supply of fuel on site, a definition that only coal and nuclear could meet. FERC rejected that proposal earlier this year. But Trump isn’t given up yet. Last week, the President basically ordered Sec. Perry to come up with some way to keep unprofitable plants open, a desperate […]