On the recordDecember 5, 2018
Mr. President, the Senate is going to soon vote on the nomination of Bernard McNamee to be a Commissioner of the Federal Energy Regulatory Commission. If Mr. McNamee takes a seat on the Commission, it will mean that Christmas is coming early for the executive who wants big, dirty energy bailouts. Mr. McNamee has had for some time a plan to bail out some of the oldest, dirtiest plants in America, and he wants typical Americans to pay for it with higher utility rates. That is right--a bailout for some of the dirtiest, oldest facilities--and a pretty small number of them at that--and then a big spike in rates for working families and seniors across the country. We shouldn't sugarcoat the McNamee plan. It is a rip-off, plain and simple. All of this doesn't come out of thin air. Mr. McNamee, in fact, was directly responsible for this miserable proposal while he was at the Trump Energy Department. The plan was to interfere with utility companies' private business decisions, to force them to actually prevent utility companies from shutting down those dirty, old powerplants--some of them coal plants--even when the utilities wanted to move to cleaner, newer plants. So much for the free market. The utilities actually wanted to move to cleaner plants. Yet this would have prevented them from shutting down dirty, outdated plants to go to the more efficient, newer ones. So much for the free market. So much for protecting consumers.…
Source
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