Article source for : First Energy to Buy Coal Mine, more carbon good for F.E.
Only a co as f'd up as FE would do this while fighting every effort to mandate cheaper renewable electricity generation.
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Blade business section page 1 left column today.
First Energy in venture to acquire coal mine
Akron -- FirstEnergy Corp., and a coal fim based in Ohio said yesterday they will spend $450 million to acquire a controlling interest in a central Montana coal mine.
Boich Cos., of Columbus, said it and FirstEnergy have acquired 80 percent of Bull Mountain mine. The partners also acquired 100 percent of rights of way for a planned railroad.
FirstEnergy, parent firm of Toledo Edison, said it expects the joint venture to result in a 50-fold increase in coal production, to at least 13 million tons a year within the next several years.
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Flucke the planet, first energy wants to burn coal. We don't need companies like this in Ohio. Now perhaps this is why they lobbied so fuII*ing hard against any mention of clean renewable energy in the Ohio Energy Bill. My opinions.
