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Does “Fuel On Hand” Make Coal and Nuclear Power Plants More Valuable?

On April 14, Energy Secretary Rick Perry sent a memo ordering a 60-day depart­mental study of whether federal policies favoring an unnamed competitor—evi­dent­ly renewable electricity like solar and windpower—are constraining supposedly vital “base­load” plants (impliedly coal and nuclear), to the assumed detriment of grid reliabil­ity and resilience. Existing studies by grid …

What Salad and Ice Cream Tell Us about Climate Finance

Imagine you’re on a diet—but to measure progress, you decide to count only the number of salads you’re eating while ignoring the number of ice creams. That, in a nutshell, is what has happened in global discussions on climate finance, according to a new discussion paper from Rocky Mountain Institute…