Follow on Google News News By Tag * Alternative Energy * Green Energy * Carbon Trading * Renewable Energy * Alternative Investment * Carbon Offsets * Environment * More Tags... Industry News News By Location Country(s) Industry News
Follow on Google News | CoolPass Inc.: Washington State to shut down high emitting coal burning power plant.Washington State’s senate has approved legislation to shut down a coal burning power plant responsible for 10% of the state’s carbon emissions.
By: CoolPass The bill will force power firm TransAlta to close the first boiler of the plant in 2020 and the second in 2025. The 1.376 Mw coal burning facility, the only one of its kind in the state, is responsible for 10% of the state’s annual carbon emissions, CoolPass was informed by the Washington Department of Ecology. TransAlta, the owner of the power facility will be allowed in the meantime to sell coal generated electricity under long-term contracts within Washington, something it was previously barred from doing. Those sales “will give the company the financial stability needed to transition to a cleaner source of energy”, Washington’s Governor Chris Gregoire informed CoolPass TransAlta, which agrees with the new bill, has previously said it intends to replace the plant with a natural gas burning facility, which will emit less greenhouse gasses. The state of Washington has set a goal of reducing its CO2 emissions to 1990 levels by 2020. # # # We sell the retirement of carbon offsets on your behalf so that they are removed from circulation forever. By retiring the offsets, CoolPass insures that the underlying CO2 is never traded again and that the result is a positive environmental impact. End
|