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Jan

9

This is Your Life…on Coal: Energy giant Dynergy abandons coal plant construction


From the Christian Science Monitor:

Battered by the financial crisis and under pressure from the Sierra Club and other environmental groups, the Houston-based energy giant Dynegy announced that it is abandoning plans to construct six coal-fired power plants.

The company announced that it would be dissolving the 50-50 joint venture with LS Power, a New York-based energy company.  That venture, launched in 2007, sought  to build coal-fired plants in Arkansas, Georgia, Iowa, Michigan, Nevada, and Texas.

…

Needless to say, environmentalists are delighted. The Sierra Club, which in February 2008 launched its “Clean Up Dynegy” campaign to pressure the corporation into ditching the proposed power plants is calling Dynegy’s decision “a victory for public health.”

Hattip to Progress Ohio.

Ya don’t suppose the decision had anything to do with this?

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By Jill Miller Zimon at 7:31 am January 9th, 2009 in Business, coal, Energy, Environment 

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