Gas Looks Good Again to Utilities as EU Coal Phaseout Bites

Updated on
  • U.K. gas more profitable than coal for first time in 4 years
  • Cleaner fuel gaining converts in climate change fight

Lawmakers from Germany to the U.K. want to legislate coal out of existence. As profit margins slump, power producers too are giving the fuel the cold shoulder in favor of cleaner natural gas.

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