coal fired electricity

Duke Energy is Shutting Down Two Coal Plants: What’s Next?

Today, Duke Energy, the biggest electric utility in the country, announced that it is shutting down two coal-fired power plants near Charlotte, North Carolina — the Buck and Riverbend plants.

The closures are great news, both for communities in North Carolina who want healthy air and water, and for everyone around the world, since burning coal is the leading U.S. cause of global warming.

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Coal plants put ratepayers, taxpayers at risk

USDA asked to suspend, rescind financing approvals

Today the Sierra Club sent a letter to the U.S. Department of Agriculture expressing concern about the USDA's approvals for electric cooperatives to pursue private financing for coal plants without any environmental analysis.

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Clean or Not, Coal Ain’t Cheap

Yesterday’s announcement by New York City Comptroller William E. Thompson Jr requesting a review of the financial and environmental risks associated with the use of tax-exempt financing for the construction of new coal-fired power plants is the latest in a string of what I would call ‘learning moments’ for the financial sector.

 

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