Skyrocketing construction costs fueled by a global building boom are making it increasingly difficult for U.S. rural electric utilities to break ground on coal-fired power plants in the United States, experts say.
Since 2006, more than 30 coal-fired projects planned in the U.S. have been canceled because of the difficult construction and political climate, according to Platts, a division of The McGraw Hill Co., a leading provider of energy information.
Read the entire story here:
http://www.greatfallstribune.com/apps/pbcs.dll/article?AID=/20080309/NEWS01/803090301