ANALYSIS SHOWS COAL PLANTS PROFITABLE DESPITE ENVIRONMENTAL RULES

A new analysis by an international consulting firm finds that future environmental requirements -- including many possible policies for curbing greenhouse gases -- are unlikely to erode the competitiveness of most coal-fired power plants and could even make many facilities more competitive as they install pollution controls. "The value of efficient large coal fired power plants can actually increase rather than decrease with stringent environmental control programs," says an executive summary provided to Inside EPA by Cambridge Energy Research Associates...