Articals of interest to the coal industry.

Wednesday, February 28, 2007

Hillary Clinton wants new coal power plants!

Clinton pushing 'clean' power plants

Business First of Buffalo - 1:08 PM EST Monday, February 26, 2007

by David Bertola
Business First
Sen. Hillary Clinton unveiled details of the Strategic Energy Fund legislation she will introduce to expand incentives and build clean coal power plants such as the NRG Energy Inc. Huntley facility in Tonawanda.
Clinton, D-NY, said the new plant represents a future that is more environmentally-friendly, cleaner and more dependent on energy, and the time is now for the federal government to be involved in the process.
Clinton, who is seeking to become president, referred to the steps taken at Huntley as "smart," and hopes the bill will result in $50 billion being earmarked for research, development and deployment of new, clean energy. Rather than providing tax breaks for big oil companies, they should be made part of the solution, she said, and more incentives for renewable energy should be in place. The price tag is expensive for sequestering carbon, she said, and the time is now for the federal government to step up and lend its support.
"What's happening at NRG Huntley needs to be happening across the country," she said, referring to NRG Huntley receiving a conditional award of a contract from the New York Power Authority to build the plant.
The project represents a total project cost of approximately $1.5 billion and is scheduled to go into commercial operation in 2013.

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