This is good news, indeed. But I worry that the damage is done. Power companies will continue to phase out coal plants because their future now lies in the vagaries of politics.
Now, phasing out the coal-powered plants wouldn't be as harmful if it weren't so damned difficult to approve gas-powered plants [not to mention the loss of the immensely profitable coal industry.]
Until the current administration is turned out of office, court rulings like this one, though gratifying, will not halt the destruction of America's coal industry and the weakening of our power grid.
posted on 08/21/2012 4:18:35 PM PDT
(Without economic freedom, no other form of freedom can have material meaning.)
You're exactly right about this administration and the coal industry.
Obama has to go in this election. Period!!
posted on 08/21/2012 4:24:05 PM PDT
("Intellect is not wisdom" -- Thomas Sowell)
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