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Keyword: newpowerplants

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  • Obama: We’ll bankrupt any new coal plants

    03/09/2011 8:09:55 AM PST · by YankeeReb · 39 replies
    Hot Air ^ | November 2, 2008 | Ed Morrissey
    [SNIP]So, if somebody wants to build a coal plant, they can — it’s just that it will bankrupt them, because they are going to be charged a huge sum for all that greenhouse gas that’s being emitted.[SNIP]Let me sort of describe my overall policy. What I’ve said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else’s out there. I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would...
  • California: State lags on power plants, GAO says

    06/25/2002 10:26:19 AM PDT · by Ernest_at_the_Beach · 10 replies · 181+ views
    The San Diego Union Tribune ^ | June 25, 2002 | Toby Eckert
    WASHINGTON – Falling power prices, turmoil in the energy industry and concerns about state involvement in the electricity market have slowed the development of power plants in California, according to a congressional study released yesterday. But state officials disputed some of the report's assertions, saying dozens of plants had come on line or were in the works. Fifty-nine proposed power plants, representing 11,500 megawatts of generation, either were canceled or postponed as of December 2001, according to the General Accounting Office, the investigative arm of Congress. A megawatt can power 750 to 1,000 homes. But Steve Maviglio, a spokesman for...