The White House has reportedly deferred the Department of Energy’s (DOE) latest plan for a financial bailout of older money-losing coal and nuclear plants amid opposition from President Donald Trump’s own advisors and the politically powerful oil and natural gas industry.
Trump, who took office in January last year, has sought a political rescue of both baseload power sources whose facilities and coal and uranium deposits are predominately located in midwestern, southern and Rocky Mountain states where he prevailed in the 2016 presidential election.
