This news story suggests that court verdicts expected in Pennsylvania Tuesday could lead to a bankruptcy filing by First Energy. Should we be following this?
I tend to agree that FE's closure of the Hatfields Ferry plant, and perhaps others, was an effort to blame EPA's mercury rules for the closure, when it was, in reality, poor management decisions. The mercury rules would not have required closure before 2015, so why were those plants closed in 2012.
Jim Kotcon
________________________________ From: johnbird@frontier.com johnbird@frontier.com Sent: Monday, April 24, 2017 8:02 PM To: James Kotcon Subject: more first eneryg problems
Jim,
article on first energy
http://powersource.post-gazette.com/powersource/companies/2017/04/24/FirstEn...
John