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Australia going back to coal has lesson on U.S. LNG exports

2014-02-10 00:47:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The decision by an Australian power company to mothball a natural-gas plant and restart two coal-fired units seems wrong on many levels, but strangely, it has implications for U.S. liquefied gas exports. Stanwell Power Corp, an electricity producer owned by Queensland state, said last week it would shut for three years its 385-megawatt (MW) Swanbank E power station, west of the state capital Brisbane, while restarting two coal units with a combined 350-MW capacity at its Tarong plant. The decision...

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