Federal subsidies for coal plants may not save struggling sector, analysts say

With hundreds of millions of dollars in additional federal subsidies recently announced for coal-fired power plants across the US, questions remain over whether the funding will move the needle for a sector that continues to lose ground to natural gas and renewables. Some analysts said investments in existing and new coal plants may pose risks for developers and electric utilities. PresidentWith hundreds of millions of dollars in additional federal subsidies recently announced for coal-fired power plants across the US, questions remain over whether the funding will move the needle for a sector that continues to lose ground to natural gas and renewables. Some analysts said investments in existing and new coal plants may pose risks for developers and electric utilities. PresidentRead More