Sunday, August 21, 2011

Getting ready for a wave of coal-plant shutdowns

Getting ready for a wave of coal-plant shutdowns - Ezra Klein - The Washington Post
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.
Given that coal provides 45 percent of the country’s power, that means higher electric bills, more blackouts and fewer jobs.

We it will certainly be "change".

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