Parceiro oficial da Bitget

Abra sua conta e ganhe 10% de cashback em USDT nas taxas de negociação de derivativos

Clique aqui e abra sua contaAbra sua conta aqui
Skip to content
Cripto.ico news

Bitcoin US$ 77,616 +0.08%

Report Finds Financial Support for Half of US Coal Plants

The government provided $950 million and environmental waivers to keep plants running despite economic hurdles

Global markets Editor: Fabricio Marcilio 1 min read

Report Finds Financial Support for Half of US Coal Plants
Illustration criptoiconews.com.br

An analysis revealed that the United States government provided direct support to nearly half of the coal plants connected to the national power grid. The study identified that 90 out of 184 operating units received financial aid or regulatory flexibility to continue functioning beyond their planned retirement dates.

A total of $950 million in public funds was directed to 24 specific plants. Beyond financial backing, 70 other facilities obtained exemptions from Clean Air Act standards. These measures allowed companies to bypass established limits on toxic pollutant emissions.

Documents obtained through transparency requests show that industry companies actively sought these exceptions. The central argument from firms was the high cost of meeting environmental standards updated in 2024, which aim to reduce emissions of heavy metals like nickel and arsenic.

The case of the Colstrip plant in Montana illustrates the impact of these decisions. The unit has operated for over four decades and received exemption requests from its owners, NorthWestern Energy and Talen Energy, to avoid new limits on fine particulate matter emissions.

Experts state that extending the lifespan of these plants creates additional costs for consumers and maintains high levels of pollution. The government strategy used various tools to sustain a sector facing growing economic and regulatory pressures.

Share

Spotted an error? Write to suporte@criptoico.com.br.

More in Global markets

  1. Trump Administration Provided Funds and Waivers to Coal Plants

    Analysis shows half of U.S. coal units received financial aid and environmental rule exemptions to keep operating.

    Global markets

  2. Intel Suffers Worst Daily Drop in 50 Years After Weak Outlook

    Shares of the chipmaker plunged nearly 30% following forecasts that fell short of expectations for the next quarter.

    Global markets

  3. Automakers Adopt 3D Printing to Cut Costs and Speed Up Production

    Ford and Rivian expand additive manufacturing to create parts and industrial tools with greater agility.

    Global markets

Privacy preferences

criptoiconews.com.br does not use cookies. What you see below stays in your browser and is never sent to us.

Saved in this browser: nothing.

Privacy policy Cookie policy