TVA may have to raise customers’ rates to relieve financial woes
The Tennessee Valley Authority (TVA) may have to lean on customers to relieve some of its financial pains, according to the Associated Press. The nation’s largest utility is spending $1 million a day to clean up the mess left behind when a coal ash impoundment pond at its Kingston, Tennessee coal-burning plant failed and dumped more than a billion gallons of toxic material on to an east Tennessee community and into the Emory River. The coal ash spill cleanup effort is expected to cost the utility between $525 million and $825 million.


Sen. Benjamin Cardin of Maryland is asking the Environmental Protection Agency (EPA) to review, inspect and regulate
President Obama’s new energy policies are pitting mining companies and environmentalists against each other as the federal government explores new ways of storing carbon emissions. Mining companies and the lawmakers who support them say that establishing these new measures could cost billions while environmentalists say the price is not important in comparison to the ecological damage of continuing common practices.