Battle Against Coal-Fired Plants in US Continues

Forbes reported that coal giants are in the process of adapting to new EPA rules against emissions from coal-fired plants.

As quoted in the market news:

According to Standard & Poor’s, about 35 percent of the existing coal generation fleet has installed pollution controls to comply with clean air rules. The rest have to do so, or retire their aging plants — something that could happen to 8 percent of the nation’s current coal portfolio, says the Federal Energy Regulatory Commission. FirstEnergy recently made headlines saying that it would mothball six of its older coal plants.

Click here to read the full Forbes report.