Southern Co Almost 50% Coal Plants Will Close

“It is our [company’s] view that as a result of this rule by EPA, we may have to shut down almost half of the nation’s coal-generated [power] resources, putting us into potentially a reliability crisis,” Fanning said.

Expect a hefty SPIKE in your electric bills.

http://blogs.ajc.com/kyle-wingfield/2011/05/20/summit-speakers-take-whacks-at-u-s-energy-policies-rules/

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