Tuesday, May 10, 2011

A Risky Proposition: More Dirty Energy

The Financial Hazards of New Investments in Coal Plants


10 May 2011 - Across the United States, the electric power sector is placing new bets on an old technology—coal-fired power plants. Utilities and other electricity producers are poised to invest heavily in retrofitting their old plants or in building new ones.

Each major retrofit or new plant represents an enormous long-term financial commitment to coal power. But as discussed in this report, current economic, technological, and policy trends make such commitments exceedingly risky: {continued}

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