Moniz, McCarthy downplay concerns of coal-industry shutdown due to pending rule

09/19/2013 | Yahoo

Coal will remain an important U.S. energy resource and new coal-fired power plants will still be feasible even after the Environmental Protection Agency's proposed emission-reduction rule takes effect, according to Energy Secretary Ernest Moniz and EPA Administrator Gina McCarthy. "The rule will provide certainty for the future of new coal moving forward, and in terms of existing facilities, coal will continue to represent a significant source of energy for decades to come," McCarthy said.

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