This just in from Restructuring Today ($ub req'd): Sunflower Electric, of the recent Kansas decision not to allow an electric permit because of CO2 concerns, has argued that the decision was a bad idea because it will drive up power prices. But their math is wrong. Here's a partial excerpt from the RT story: A decision by the Kansas Department of Health & Environment to deny a coal power plant permit would mean higher power bills for some. That's "an absolute certainty," Sunflower Electric Power told us Friday. How much higher? At today's prices the firm could pay 1.5¢ for …
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