28 Mar '12, 2am

3 utilities that aren't worried about the EPA emissions proposal

3 utilities that aren't worried about the EPA emissions proposal

The sun is setting on the era of coal-fired power plants in the U.S. First of all, natural gas – which is cheaper than ever and emits half the carbon dioxide of coal – is fast becoming the preferred source for utilities, pushing coal into the back seat. And, this morning, the Environmental Protection Agency proposed long-awaited new rules to cap greenhouse gas emissions from new power plants. If it's approved, the proposal -- called the New Source Performance Standard -- would nix future coal-fired plants unless they include costly carbon controls. Coal advocates view the EPA proposal as the Obama administration's way of circumventing carbon-cap legislation that Congress stymied back in 2010. The proposed rules would require that new power plants emit no more than 1,000 pounds of carbon dioxide per megawatt of electricity generated. Coal plants typically emit about 1,768 p...

Full article: http://www.greenbiz.com/blog/2012/03/27/3-utilities-arent...

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