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Coal Foe Named to FERC Is Latest Obama Pick Drawing Ire

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Coal Foe Named to FERC Is Latest Obama Pick Drawing Ire

The Colorado Public Utilities Commission under Binz allowed Xcel to receive a 10.5 percent rate of return on construction costs associated with building natural-gas generators, Cooke and co-author William Yeatman wrote in a 2010 paper. The plan stemmed from a Colorado clean-energy law backed by then-Governor Bill Ritter, a Democrat, they said.