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Trump Administration Plans Costly Taxpayer Bailout of Unprofitable Energy Industries
The Trump administration is planning to bail out unprofitable coal and nuclear plants by mandating grid operators buy electricity from them in the name of national security, Bloomberg reported late Thursday.
A draft Department of Energy memo circulated before a National Security Council meeting Friday proposes invoking rarely-used emergency authorities under the Defense Production Act and Federal Power Act to force grid operators to purchase power from struggling plants. Per the memo, the move is meant as a "stop-gap measure" while the administration conducts a two-year study on "grid security challenges" facing the country.
The proposal is the latest overture by the Trump administration as it struggles to make good on a campaign promise to help the coal and nuclear industry—as well as some of the president's biggest donors.
As reported by Bloomberg:
"While administration officials are still deciding on their final strategy—and may yet decide against aggressive action—the memo represents the Energy Department's latest, most fully developed plan to intervene on behalf of coal and nuclear power plants, pitched to the president's top security advisers.
Opponents of the new plan contend bailouts are a solution in search of a problem. They argue there are many ways to back up the grid that won't cost ratepayers billions of dollars. A coalition of natural gas and renewable power advocates told [Energy Secretary Rick] Perry that 'power plant retirements are a normal, healthy feature of electricity markets,' and therefore there is no emergency that would justify Energy Department action."
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Tyson Foods Recalls Nearly 70,000 Pounds of Chicken Strips After Customers Find ‘Fragments of Metal’
Tyson Foods is recalling approximately 69,093 pounds of frozen chicken strips because they may have been contaminated with pieces of metal, the U.S. Department of Agriculture (USDA) Food Safety and Inspection Service (FSIS) announced Thursday.
The affected products were fully-cooked "Buffalo Style" and "Crispy" chicken strips with a "use by" date of Nov. 30, 2019 and an establishment number of "P-7221" on the back of the package.
"FSIS is concerned that some product may be in consumers' freezers," the recall notice said. "Consumers who have purchased these products are urged not to consume them. These products should be thrown away or returned to the place of purchase."
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The study, published Wednesday in BMJ, found that pregnant women who lived within 2,000 meters (approximately 1.2 miles) of a highly-sprayed agricultural area in California had children who were 10 to 16 percent more likely to develop autism and 30 percent more likely to develop severe autism that impacted their intellectual ability. If the children were exposed to pesticides during their first year of life, the risk they would develop autism went up to 50 percent.