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Posted Mon Dec 3 2012: from
Coal power plants to lose up to a quarter of capacity by 2035
Nearly a quarter of the nation's coal power generation capacity could shut down by 2035, as natural gas gains popularity as a cleaner and cheaper fuel for producing electricity, the U.S. Government Accountability Office forecasts. In a report released this week, the agency determined that power industry could retire between 15 percent and 24 percent of its coal-fueled power generation capacity over the next 22 years. The fuel source has been hurt by a combination of lower electricity use, stiffer regulations on pollutants and a rapid decline in the price of natural gas.
[Read more stories about: anthropogenic change, carbon emissions, climate impacts, fracking]

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