U.S. coal power boom suddenly wanes

Concerns about global warming and rising building costs are blocking construction of new coal-fired power plants in the United States and pushing utilities to turn to natural gas and renewable power instead.

Utilities canceled or put on hold at least 45 coal plants in development last year, according to a new analysis by the US Department of Energy’s National Energy Technology Laboratory in Pittsburgh. These moves – a sharp reversal from a year ago, when the industry had more than 150 such plants in development – signal the waning of a major US expansion into coal.

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http://www.csmonitor.com/2008/0304/p01s07-usec.html