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The state Senate passed a bill that limits the amount of electricity from coal-fired power plants that can be purchased by the state's electric utilities and large companies. The bill now goes to the governor, who is expected to sign it. It really just codifies existing state policy, covering both Southern California Edison and DWP. Along with the greenhouse legislation, it makes California the leading state in attacking global warming. Just a thought: Would all this be happening if "An Inconvenient Truth" hadn't come out?
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.