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Texas company to close all of its Illinois coal-fired power plants, another sign the global transition to clean energy is accelerating
Chicago Tribune: In a move that promises cleaner air in Chicago and other cities as far away as New York and Boston, a Texas-based company announced Tuesday it will close its Illinois fleet of coal-fired power plants within a decade.
Vistra Energy absorbed nine of the state’s coal plants during a corporate merger just two years ago. Like its predecessors, the company found it increasingly difficult to profit from burning coal amid competition from cheaper, cleaner natural gas and renewable energy.
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