This episode is a collaboration between A Matter Of Degrees and the Gimlet podcast How To Save A Planet.

Coal-fired power plants are closing at record rates. But many are still scheduled to remain operational for the foreseeable future -- despite losing lots of money every year.

How do we shut these uneconomic coal plants down faster? One answer: coal debt securitization.

Coal debt securitization is like refinancing a mortgage. States across the country are considering policies that would make it easier for owners of coal-fired power plants to restructure their debt.

In this episode, A Matter Of Degrees Host Leah Stokes and How To Save A Planet Host Alex Blumberg team up to explore how securitization would work -- and why utilities are getting behind it.

This episode features Ashok Gupta, a Senior Energy economist for the Natural Resources Defense Council and Jason Klindt, the Senior Director Of Government Affairs for Evergy.

Follow our co-hosts and production team:

• Leah Stokes
• Katharine Wilkinson
• Stephen Lacey
• Jaime Kaiser
• Dalvin Aboagye

A Matter of Degrees is a production of Post Script Audio. For more episodes, visit our website.