Business

No New Coal Plants

TXU, notorious polluter and builder of nasty coal plants, gets bought out and scraps plans to build 8 coal plants due to heavy pressure from environmentalists.

In this endearing tale of buyouts and stock options, the environmentalists and the private equity guys learn to play nice and compromise; everyone is happy. Yay!

Editorial note: Whoa! You’ve found a super-old post here on BuzzFeed, from an earlier era of the site. It doesn’t really represent where we are anymore, and may in fact be totally broken, but we’re leaving it up as a part of our early history.

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