Coal-fired power plant projects feel heat from rising costs, environmental concerns

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.

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