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Getting Ready for a Wave of Coal-Plant Shutdowns
Aug. 22, 2011 11:57AM PST
Industrial Metals InvestingThe Washington Post reported that stricter pollution regulations by the Environmental Protection Agency may force dozens of coal plants to shut down.
The Washington Post reported that stricter pollution regulations by the Environmental Protection Agency may force dozens of coal plants to shut down.
The market news is quoted as saying:
Industry groups such the Edison Electric Institute, which represents investor-owned utilities, and the American Legislative Exchange Council have dubbed the coming rules “EPA’s Regulatory Train Wreck.” The regulations, they say, will cost utilities up to $129 billion and force them to retire one-fifth of coal capacity.