More than 30 traditional coal plants have been built since 2008 or are under construction, according to an Associated Press story, which says the industry is feeling confident that proposals to regulate carbon emissions will fail.
Even as dozens of projects have been thwarted by environmentalists, the 30 new power plants represent the largest expansion in coal-fired power in two decades.
Combined, they will produce an estimated 17,900 megawatts of electricity and about 125 million tons of greenhouse gases annually.
"Building a coal-fired power plant today is betting that we are not going to put a serious financial cost on emitting carbon dioxide," Severin Borenstein, director of the Energy Institute at the University of California-Berkeley, told the AP. "That may be true, but unless most of the scientists are way off the mark, that’s pretty bad public policy."
Read the full story at the link below.
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