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Mike Bloomberg on FERC Decision to Reject Bid Propping Up Coal and Nuclear Plants

FERC’s rejection of Secretary Perry’s proposal is a victory for consumers, the free market and clean air. Trying to prop up the coal industry by forcing American consumers to pay more for energy, and forcing them to accept more pollution in their communities, was a truly terrible idea that united conservative and liberal leaders in opposition. Cleaner forms of energy are helping to drive job growth, and if we can keep the federal government out of the way, that trend will continue — and all Americans will share in the health and economic benefits.

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