Skip to comments.Selling credits has its rewards
Posted on 01/17/2006 9:43:09 AM PST by rellimpank
Nevada Power Co. can expect to receive $9 million yearly as its share from the sale of sulfur dioxide pollution credits if the coal-fired Mohave Generating Station at Laughlin remains closed.
Under the Clean Air Act of 1990, a company that needs to increase its production, and thus increase pollution, can do so if it buys an offset credit from another company that has curtailed air pollution.
(Excerpt) Read more at reviewjournal.com ...
Yup, and of course power prices are going up due to this nonsense. Expect higher bills in the mail if you live in the SouthWest or get your power from that region.
And what's worse is that they are being PAID to raise rates!
..most of this plant's output went to So. California...
..shut down by suing eco-wing nuts out there...
..they deserve the rate increases they are going to get..
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