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Closing Coal Plants

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Example States and State Governments

Colorado’s SB-236

Colorado’s SB-236 (2019) authorizes the securitization of coal plants as a way to hasten their retirement and to bring additional funds to coal-dependent communities. It allows a utility company to sw...
Example States and State Governments

Washington’s Coal Phaseout

In 2019, Washington passed SB 5116, which will require utilities in Washington to stop buying electricity generated from coal by the end of 2025 or face penalties. The Utilities and Transportation Com...
Example States and State Governments

Montana HB 467 (2019)

Montana’s HB 467 (2019) authorizes the securitization of energy infrastructure, including coal plants, as a way to hasten their retirement and to bring additional funds to coal-dependent communities.
Resource States and State Governments

Illinois’ Climate and Equitable Jobs Act

This 900-page energy and climate bill, passed in September 2021, covers a variety of subject areas, listed below: On electricity: The bill raises the renewable portfolio standard to require 40 percent...
Example States and State Governments

North Carolina’s Electric-Sector Carbon Reduction Legislation

In October 2021, the North Carolina legislature passed H.951, which set the state’s first targets for cutting electricity-sector carbon emissions, with a goal to bring emissions down 70 percent below ...
Example States and State Governments

New Mexico’s SB 489

New Mexico’s SB 489 (2019) will shut down a coal power plant by creating a system to sell bonds that would make up for the money the utility would lose by closing the facility. Costs are rate-based to...