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Coal retirements to more than double under Clean Power Plan

2015-05-25 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

EnergyWire: A new analysis from the federal government's energy statisticians finds the Obama administration's plan to reduce the power sector's heat-trapping carbon emissions would raise electricity prices 4.9 percent above their current trajectory by 2020. The Energy Information Administration will release projections today that the draft rule would spur a quick wave of coal plant retirements -- 90 gigawatts, rather than 40 GW, between 2014 and 2040. Most of the power plant retirements would happen by 2020,...

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