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Selling credits has its rewards
Las Vegas Review-Journal ^ | 17 Jan 06

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 ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: cleanairact; environment; epa
---more of the silliness that excessive, comples and burdensome rules cause--as another power plant closes--
1 posted on 01/17/2006 9:43:10 AM PST by rellimpank
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To: rellimpank

--aargh--comples=complex--


2 posted on 01/17/2006 9:44:13 AM PST by rellimpank (Don't believe anything about firearms or explosives stated by the mass media---NRABenefactor)
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To: rellimpank

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.


3 posted on 01/17/2006 9:53:34 AM PST by mallardx
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To: mallardx

And what's worse is that they are being PAID to raise rates!


4 posted on 01/17/2006 9:58:47 AM PST by Bigh4u2 (Denial is the first requirement to be a liberal)
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To: mallardx



..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..


5 posted on 01/17/2006 10:01:16 AM PST by telstar1 (...peace is possible ONLY through precisely applied firepower...)
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