Coal CEO blasts federal agency's decision on power grid
January 10, 2018
WASHINGTON (AP) — A decision by an independent energy agency to reject the Trump administration's plan to bolster the coal industry could lead to more closures of coal-fired power plants and the loss of thousands of jobs, a top coal executive said Tuesday.
Robert Murray, CEO of Ohio-based Murray Energy Corp., called the action by the Federal Energy Regulatory Commission "a bureaucratic cop-out" that will raise the cost of electricity and jeopardize the reliability and security of the nation's electric grid.
"While FERC commissioners sit on their hands and refuse to take the action directe...