abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

5 Feb 2007

Author:
Marc Gunther, Fortune

TXU faces a Texas coal rush

...TXU is staking its future on coal - the dirtiest of all fuels used to generate electricity... That has set off a firestorm of opposition... Merrill Lynch, Morgan Stanley and Citigroup, the lead underwriters for the plants, have come under fire... General Electric, which has touted "clean coal" [technologies]..., is nevertheless selling conventional generators to TXU for its proposed coal plants. [also refers to positive steps by General Electric, Alcoa, DuPont, Duke Energy, PG&E, Wal-Mart, Dell]