Great news for #Missouri as the transition to clean #energy continues. #moleg
Missouri utilities will be able to shutter more coal plants, speeding their transition to renewable energy, under a bill signed by Gov. Mike Parson Tuesday.
Parson, a Republican, signed into law a policy known as “securitization,” which allows utility companies to refinance debt they issued to build coal plants and close the facilities early without taking a financial hit. With the savings, they can invest in more renewable energy projects, including wind and solar farms.
Read the full article on The Missouri Independent.