NIPSCO to abandon coal by 2028

NIPSCO joins the Electric Utility Hall Of Shame with this announcement. Replace coal with unreliable and expensive wind/solar backed up by nonexistent battery technology? Give us a break. There is no business nor environmental reason to take this action and the risk to customers and shareholders is real. High prices for sure and perhaps scarcity, too. Not to mention loss of manufacturing load to China led Asia where coal continues to rule with new plants on the way. From the NIPSCO media release: