August 14, 2008

PNM Cancels Coal Expansion, Puts Retailer Up For Sale

In another grim financial development for the company, PNM Resources on Monday announced losses of more than $143 million for the second quarter--its second straight poor quarterly earnings report--and said it plans to sell its Texas power retailer and to cut...

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Guest Column: BY LLEWELLYN KING

COMMENTARY There is a joke of no known authorship which says, “No good deed shall go unpunished.” So, alas, it has been with nuclear power. The gift was given to the world by the storied Joint Committee on Atomic Energy, which wrote and promoted... More »