Page added on March 5, 2007
The future of coal-fired power plants is seen so tied up by legal challenges from green groups, that it could slow, or even thwart, plans to use America’s abundant coal supplies to generate its growing electricity needs.
The recent decision by Texas utility TXU Corp. to scrap eight of 11 planned coal-fired plants to gain environmental support for its leveraged buyout, has thrown the growth prospects of the coal-mining industry into doubt.
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