Thursday, May 24, 2012

Coal: It Could Cost Dumbo The Election

Energy: As coal use drops, job losses rise and electricity prices skyrocket, an electoral map of the 16 top coal-mining states does not bode well for an administration whose energy policy consists of algae and exploding electric cars.
Earlier this year, Houston-based GenOn Energy Inc. announced plans to close five of its older coal-fired power plants in Pennsylvania over the next four years, saying that tough new environmental rules make it unprofitable to operate the plants, which generate a total of 3,140 megawatts of electricity.
The plants are in Portland, Shawville, Titus, New Castle and Elrama. Two plants in Ohio and one in New Jersey will also be closed.
http://news.investors.com/article/612511/201205231905/obamas-war-on-coal-affects-election.htm

No comments: