For two years, no new coal-fired power plants have been started. The Rural Blog and Washington Post attribute the stoppage to tighter EPA regulations, banks’ unwillingness to finance new projects and the changing market:

After nine years in which power companies started construction of 20 generating units, the U.S. has just gone through two years in which not a single plant has been started, because of “a combination of low natural gas prices, shale-gas discoveries, the economic slowdown and litigation by environmental groups,

Advertisements