Texas Needs More Energy Sources?

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Texas is on the verge on an energy crisis, that according to a new report by the Texas Association of Business. The group says the state could see an energy shortage as early as 2008.

Population growth and businesses coming and expanding in Texas are the major reasons for the increased demand for energy. And TAB said building 19 proposed coal plants would help reduce citizens dependency on electricity by offering more energy sources.

Bill Hammond is the president TAB. He said those proposed coal plants could provide Texas with clean, reliable, low-cost power.

"They will actually result in a reduction of emission by about 20 percent," Hammond said. "They're a low cost by about $1.7 billion."

Beside coal, the organization believes wind and nuclear energy could be used to diversify the state's energy options.