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The grinch that stole the coal industrys Christmas

2013-12-14 14:22:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: Coal industry executives can only wish Santa will leave them a lump of the black stuff in their stockings this Christmas. But as 2013 draws to a close, those stockings are likely to be empty as the pace of coal-fired power plant closures accelerates. Market research firm SNL Energy estimates that coal-fired plants generating as much as 64,002 megawatts of electricity will be shuttered by 2021. Thats 5,000 megawatts more than SNL predicted in May. Just since that earlier projection, however, several...

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Category:Electronics and Electrical

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