The Sierra Club just won a HUGE legal victory in a coal permitting case at the Environmental Protection Agency's Environmental Appeals Board [in the USA]...
While the Sierra Club's legal team and
other lawyers are still determining the full implications of the
decision, it appears that this decision will essentially stop all new coal plant permitting dead in it's tracks for at least a year as EPA decides what BACT means in the context of CO2...
In short, with this new regulatory uncertainty, it's highly unlikely anyone will want to invest a dime in a new coal plant for the foreseeable future.
