Coal reversal.
| Position | UPDATES - TXU Corp. not to build coal-fired power plants - Brief article |
See "Coal Rush," January/February 2007, p. 8
Under a proposed $45 billion buyout by two private equity firms, Texas utility TXU Corporation will abandon plans to build 8 of 11 new coal-fired power plants. In an about-face from its earlier climate change policy, TXU also aims to reduce its carbon dioxide emissions to 1990 levels...
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