Minnesota Lawmakers Move to Lift CO2 Restrictions from Coal Production

Canadian Business reported that legislators in Minnesota recently moved to lift emissions restrictions that they believe have stopped construction of new coal plants.

The market news is quoted as saying:

Under the current law, utilities can only build and operate new coal plants in Minnesota only if they can offset carbon emissions to a level that they don’t add to the amount of carbon in the atmosphere. Critics said the options for achieving that offset are so expensive and burdensome they amount to an effective moratorium on new plants.

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