coal

photo of jail cell
CREATIVE COMMONS/FLICKR

Here are your morning headlines for Thursday, August 30:

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PATTY CHAN / SHUTTERSTOCK

After years in limbo, a plan to construct a new coal plant has been scrapped. That leaves Ohio without any proposals for new coal-power generation. Environmental groups see this as a critical turning point.

Since the early 2000s, the Lima energy plant has been on again and off again. But now the company behind the project is officially bowing out.

Neil Waggoner with the Beyond Coal campaign says it’s clear coal is near its end.

photo of Sammis plant
FIRSTENERGY

The head of one of the nation’s biggest coal companies says he can keep First Energy Solutions' coal-fired power plants from shutting down.

Murray Energy CEO Robert Murray tells Bloomberg news that if government subsidies are granted he can get financing to buy the coal plants targeted for closing.  And with his company providing the coal, he says he can keep them running. 

Nuclear Power plants
Twitter

Consumer, business and environmental groups are rallying to oppose FirstEnergy’s request for a federal bailout now that the company’s subsidiary FirstEnergy Solutions has filed for bankruptcy. This could be the utility’s last shot at keeping its nuclear and coal plants open.

First Energy Bulding
Tim Rudell / WKSU

EDITOR'S NOTE: The name of FirstEnergy's spokeswoman was misspelled in this story and has been corrected. 

FirstEnergy just got a $2.5 billion financial boost in its struggle to transition back to a fully regulated utility. Three large investment firms are buying about a 16 percent equity stake in the Akron-based energy company. 

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