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U.S. Coal Power Boom Suddenly Wanes

Concerns about global warming and rising building costs are blocking construction of new coal-fired power plants in the United States and pushing utilities to turn to natural gas and renewable power instead. Utilities canceled or put on hold at least 45 coal plants in development last year. This is a sharp reversal from a year ago, when the industry had more than 150 such plants in development and signals the waning of a major US expansion into coal.
Published On:	3/4/2008
Submitted On:	3/9/2008 11:59:13 AM by Frank K
Categories:	Energy

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