Thu, Nov 21, 2024

Troubled Coal-Fired Plant Could Get New Lifeline

Southern Co.'s Kemper County facility, a nearly $7 billion coal-gasification project, could win new tax incentives under several bills being considered by Congress. PHOTO: GARY TRAMONTINA/BLOOMBERG NEWS
Southern Co.'s Kemper County facility, a nearly $7 billion coal-gasification project, could win new tax incentives under several bills being considered by Congress. PHOTO: GARY TRAMONTINA/BLOOMBERG NEWS
Laws and Regs  | 
Wall Street Journal

The most expensive fossil-fuel power plant ever built in the U.S. could soon get a financial lifeline thanks to President-elect Donald Trump, who has signaled interest in clean-coal initiatives as a way to preserve mining jobs.

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