Coal’s Election Loss Could Mean Gain for Carbon Tax
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Nov. 7 (Bloomberg) -- Coal power was a widespread loser inyesterday’s election. Despite singing its praises as loudly aspossible, Mitt Romney was unable to use his support for coal todefeat Barack Obama in Virginia and Ohio.
And heavy spending by the coal industry failed to unseatDemocratic Senators Tim Kaine of Virginia, Bob Casey ofPennsylvania, Sherrod Brown of Ohio and Jon Tester of Montana.