FirstEnergy Scraps 2030 Goal in Rare Embrace of Coal

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(Bloomberg, 2/9/24)

FirstEnergy Corp. abandoned its 2030 target for slashing greenhouse-gas emissions because coal plants can’t be replaced in time, marking a major about-face in the movement to protect the climate.

FirstEnergy can’t meaningfully cut emissions because the coal-fired Fort Martin and Harrison power plants in West Virginia are crucial to ensuring adequate regional electricity supplies, according to a company presentation.

 

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