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State bars PG&E and other power companies from buying dirty power


California power companies will be barred from buying electricity from most coal-fired power plants after state utility regulators adopted new limits on emissions of heat-trapping gases linked to global warming.
Thursday’s 4-0 vote by the Public Utilities Commission prohibits investor-owned utilities from entering long-term contracts to obtain electricity from sources that emit more carbon dioxide than [...]

BUSINESS: Is green good or bad for state’s economy?


Will California’s drive to cut greenhouse gases reshape the state’s industries, weaning businesses away from fossil fuels and setting the stage for the state’s next golden age?
Or will it drive away businesses, ship jobs to Nevada and kill the California economy?
With Gov. Arnold Schwarzenegger poised to sign into law a hard-fought agreement over global warming, [...]