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Stock impact report

As Coal Fades in the U.S., Natural Gas Becomes the Climate Battleground [The New York Times]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
As Coal Fades in the U.S., Natural Gas Becomes the Climate Battleground - The New York Times America’s coal-burning power plants are shutting down at a rapid pace Some large utilities, including Xcel Energy in the Upper Midwest, are now planning to sharply cut their coal and gas use in favor of cleaner sources like wind and solar, which have steadily fallen in cost. But in many regions, natural gas continues to dominate, because of its reliability and low prices driven by the fracking boom. Nationwide, energy companies plan to add at least 150 new gas plants Want news in your inbox? Sign up here for Climate Fwd: , our email newsletter. A rush to build gas-fired plants, even though they emit only half as much carbon pollution as coal, need to fall drastically by midcentury “Gas infrastructure that’s built today is going to be with us for 30 years,” said Daniel Cohan, an associate professor of civil and environmental engineering at Rice University. “But if you look at scenarios that ta Show less Read more
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