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UPDATE 2-Buffett's MidAmerican, Sierra Club in coal settlement

* To stop burning coal at some plants by 2016 * May convert in some cases to natural gas * Sierra Club threatened suit last July Jan 22 (Reuters) - Utility company MidAmerican Energy Co said it has reached a settlement with the Sierra Club over power plant emissions, which includes a pledge to stop burning coal at certain plants over the next few years.
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