Monday, March 7, 2011

Giant Luminant plants that failed during Texas winter storm are major part of Energy Future Holdings’ financial woes

 After the Texas power grid went down Feb. 2 in a series of rolling blackouts, it was impossible to miss a single, unsettling fact: Much of that outage was caused by the failure of four coal-burning plants, all owned by Luminant, the state’s largest power generator.

Gwynne, Souder, and Jacobson report: http://dallasne.ws/gGnjdC

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