Good News in the Energy Industry

Here’s a piece of unqualified good news: The U.S. Federal Energy Regulatory Commission (FERC), the arm of the federal government that serves to manage and control the energy industry, has rejected Secretary of Energy Rick Perry’s plan to rewrite U.S. energy policy so as to support nuclear and coal plants (mostly coal).

Perry, whose understanding of science is inferior to that of most high school kids, made the claim that such measures were needed to provide grid reliability, but federal regulators saw through this obvious attempt to reward the coal industry at the expense of ratepayers and the environment.