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Falling Wind Energy Costs Threaten Coal Plants

from Greentech Media

Renewable energy is getting so cheap that it is threatening to force gigawatts of coal plants into early retirement — even without Obama-era climate regulations. That is one of the takeaways from a new report released by Moody's Investors Service. Although the White House is expected to soon announce the end of the Clean Power Plan — which President Trump has blamed as a culprit in coal's decline — the power of the market and state-level action may well blunt the impact of the move. more

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