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Feds Halt Financing for New Rural Coal Plants

Article: Feds Halt Financing for New Rural Coal Plants

WASHINGTON, DC, March 5, 2008 (ENS) – The federal government is suspending its loan program for new coal plants in rural communities. The Rural Utility Service announced today that due in part to uncertainty over litigation, it will not fund new coal plants in 2008 and 2009. A branch of the U.S. Department of Agriculture,…