Economics

Polar Vortex Emboldens Industry to Push Old Coal Plants

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The polar vortex may give new life to aging coal and nuclear power plants in the U.S.

Masses of arctic air rolling down from the North Pole have driven electricity prices to more than 10 times last year’s average in many parts of the country and have threatened some cities with winter blackouts. They’ve also emboldened energy companies to call for extending the lives of older and dirtier coal plants, as well as aging nuclear reactors.