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Just to clarify this - TXU did not make any of these deals. These were agreements made with a consortium (Kohlberg Kravis Roberts & Co. and Texas Pacific Group and numerous banks)that is making a buy-out offer on TXU. Those environmental concessions happen only IF this consortium buys TXU, and that is not a done deal. There is substantial legislative scrutiny on this offer (including allegations of insider trading), and TXU's CEO has stated he is soliciting 30-60 rival bids -who don't have any obligation other than bad PR to make environmental concessions.

TXU has also said this deal does not mean they will not seek to apply to build future coal plants in Texas, and these agreements are all voluntary and legally non-binding...


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