David Cherney, an energy and utility expert at PA Consulting Group, is quoted in E&E News discussing the Federal Energy Regulatory Commission’s rejection of Energy Secretary Rick Perry's proposal to subsidize coal and nuclear power plants.
David says: "I think we're going to see continued change, similar to what we’ve seen in the power sector.”
He adds: "While environmental regulation has been a factor in some coal plant closures, economics has been the main driver in their retirement."
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