And, they might actually clean up TXU’s act:
KKR and Texas Pacific Group agreed over the weekend to drop most of TXU's ambitious plans for building eight new coal-fired power plants, a move designed to win support for the deal from environmentalists and other critics of the company.
The new buyers also agreed to support a mandatory national program to cap emissions of greenhouse gases and pledged not to build coal-fired plants outside Texas.
Sounds good to me. Plus, it, indirectly at least, kicks Rick Perry in the shins, and you can’t beat that.
No comments:
Post a Comment
Your comments are appreciated, as is at least a modicum of politeness.
Comments are moderated, so yours may not appear immediately.
Due to various forms of spamming, comments with professional websites, not your personal website or blog, may be rejected.