Plans for several of the hundreds of planned coal-fired power plant additions announced last year are being scaled back. For example, a planned Kansas coal-fired power plant was recently denied a State operating permit mainly because of climate change concerns (see Lloyd's post of today). That example, however, is the exception to the rule of what underlies most of the turnabout. There are two key factors slowing plans for new coal plant construction in the US. One is that the price of building new power plants is skyrocketing due to material shortages; and, the other key factor is that US coal mining and distribution companies now find that more money can be made by selling coal ov...
Source: TreeHugger