If Congress Doesn't Step In, These Companies Could Be in Trouble
Coal-fired power plants have been under the gun for some time now, and the "end" as mandated by the Environmental Protection Agency is nearing. Greenhouse gas emissions have played a central role in the way coal plants are treated, and American Electric Power Company and Duke Energy are pleading their cases to have congress step in.
Taking a look at the numbers, it certainly appears that shutting down plants in lieu of the restrictions could place undue pressure on our energy grid. Renewable and natural gas sources simply haven't amassed enough production capacity to make up for the looming shortfall. Tune in to the following short clip for more.
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This segment is from Friday's edition of "Digging for Value," in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.
The article If Congress Doesn't Step In, These Companies Could Be in Trouble originally appeared on Fool.com.Alison Southwick owns shares of Duke Energy. Joel South, Taylor Muckerman, and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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