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Ben Geman Dec 8
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New FERC chief pumps the brakes on Rick Perry

Energy Secretary Rick Perry stands with his hands behind his back in front of a blue FEMA sign.
Energy Secretary Rick Perry Photo: Cliff Owen / AP

The new chairman of the Federal Energy Regulatory Commission Kevin McIntyre, in a letter to Energy Secretary Rick Perry released late last night, has proposed a 30-day extension for taking action on Perry's controversial proposal to boost compensation for coal and nuclear plants in some markets by Dec. 11.

Why it matters: While it's framed as a request, McIntyre's move — on the first day of the job — makes clear that FERC is not poised to take any substantive action on Perry's request by the original deadline on Monday.