President Joe Biden boasted that there will be no more new coal-fired power plant developments in the U.S. during a Wednesday speech in Chicago, Illinois, even as the U.S. continues to grapple with energy problems.
Biden bragged that his economic and energy policies have disincentivized any future development of coal-fired power plants while touting the merits of green energy technology his administration’s policies favor, according to video of his speech. His remarks come about one month after a May 2023 grid assessment report from the North American Electric Reliability Corporation, which warned that the power grids serving most of New England and a large majority of Americans who live west of the Mississippi River face “elevated risk” of rolling blackouts this summer if weather conditions are hotter than normal.
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