“The proposed rule is certainly expected to send the message that coal is dead.”
The Obama administration is expected soon to unveil long-delayed rules limiting carbon emissions from new coal-fired power stations, possibly helping to slam the door shut well into the future on building plants that run on the fuel…
Melissa McHenry, a spokeswoman for American Electric Power, said the United States needed to worry about the long-term implications of the carbon rules.
“Near-term it’s not an issue, but what are the implications of the rules longer-term if the shale gas business doesn’t pan out the way people expect it to?,” she said. “It’s a concern for long-term reliability” of the electric grid.