The Trump administration, which was looking to have a plan in place this week to bail out America’s coal country, will instead have to wait until the new year.
Kevin McIntyre, sworn in Thursday as chairman of the Federal Energy Regulatory Commission, asked for a 30-day extension to act on a sweeping proposal by Energy Secretary Rick Perry that would subsidize struggling coal and nuclear plants. Perry, who had called on the commission to come up with a plan by Dec. 11, granted the delay late Friday, saying he “respects the reasons” but “looked forward to swift action.”
