EPA’s impending regs may decrease coal market
Increased regulation of air-based pollutants and impending regulation of greenhouse gases by the Environmental Protection Agency are changing the balance of fuels used for electrical generation away from coal and towards natural gas. Based on pure economics, utilities are choosing to close existing coal-based power plants instead of retrofitting them with the mitigation tech causing utilities to retire existing coal-plants and replace them with plants powered by natural gas which emits less pollution and far fewer greenhouse gases.
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