U.S. Senate Majority Leader Harry Reid's decision to introduce a scaled-back energy bill disappointed environmentalists, the renewable-energy industry and some utilities seeking greater certainty about future energy markets.
Published on Monday, 26 July 2010 11:17
Conversely, Reid's decision to drop a cap-and-trade energy program for power plants was "welcome news" for mining companies that sell coal to power plants, said Luke Popovich, spokesman for the National Mining Association. Steel and iron manufacturers also cheered the decision.
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