Climate Changed
One Trump Buzzword to Seal Fate of $700 Billion Power Trade
- Energy Department wants to prop up struggling coal and nuclear
- Utilities focus on protecting power lines from extreme weather
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Hurricane winds and raging wildfires knocked out power to millions of people from Florida to California this year, underscoring the need to protect America’s electric grid from disaster.
President Donald Trump’s administration has a plan to achieve what it calls “resiliency”: Keep money-losing coal and nuclear plants running. The only problem is that almost every other corner of the energy industry -- including the $700 billion utility sector -- is heading in another direction.