US Coal Businesses Facing Legal and Regulatory Changes

Forbes reported today that three major regulatory changes will go into effect this spring, forcing power plants that use coal to upgrade operations or close them down. US coal users will thus have to look at new, superior coal technologies to move forward.

According to the publication:

The desired affect will no doubt get achieved. According to the U.S. Energy Information Administration, about 60,000 megawatts of coal-based generation will be closed by 2020. It points specifically to the rules involving mercury, which must be reduced by 90 percent. That standard is scheduled to take effect in exactly one year, which will force 90 percent of the expected retirements to occur by 2016.

Click here to read the full Forbes article.