SOURCE: Industrial Info Resources
SUGAR LAND, TX--(Marketwired - May 1, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In a 6-2 decision, the U.S. Supreme Court voted to uphold the Environmental Protection Agency's Cross-State Air Pollution Rule (CSAPR) on Tuesday. The rule limits emissions of sulfur dioxide and nitrogen oxides in 28 states in the central and eastern U.S. in an effort to improve the air quality of downwind states. CSAPR will mainly affect coal-fired power plants, which are already facing difficulties due to other regulations such as the Mercury and Air Toxics Standards (MATS) regulation, which will begin implementation next year. In addition, low natural gas prices are chipping away at coal's viability as a fuel source.
Companies featured: American Electric Power Company Incorporated (NYSE:AEP), Dominion Resources', Entergy Corporation's (NYSE:ETR)
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