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Entergy To Shut Controversial Vermont Nuclear Plant

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August 27, 2013 AT 10:51 AM
Entergy Corp will shut the Vermont Yankee nuclear power plant, citing high costs tied to regulation and competition from cheap natural gas, bringing to an end a long battle with state politicians and environmentalists seeking to close the plant. The 40-year-old plant, which generates three-quarters of the state's power, will cease operations by the fourth quarter of next year