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Exelon, politics and Illinois' low-carbon future

Exelon, politics and Illinois' low-carbon future

As a series of policy meetings kicks off Monday in Chicago to begin hashing out a plan to cut carbon emissions in Illinois, Chicago-based Exelon is busy pulling political strings to ensure it is rewarded financially for its nuclear power plants, which produce electricity without emitting carbon.

Exelon, the country's largest owner of nuclear power plants, has been meeting with the U.S. Environmental Protection Agency, asking it to change rules that would ensure the viability of all its 14 nuclear facilities, not only units that are struggling to compete. The changes would ripple across the power sector.

As Illinois lawmakers begin the lengthy process of deciding how to...

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