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Last September, Energy Secretary Rick Perry put a plan in front of the Federal Energy Regulatory Commission. The plan was supposed to make our energy supply "resilient." But it was also a way to help subsidize coal.
The commission has five members. Four of them, including the chairman, were appointed by President Trump. This week, the commission unanimously rejected the Perry plan.
On today's indicator, we look at what the commission's decision tells us about energy markets in America, and about the future of coal.