Posted on 05/13/2007 10:52:16 PM PDT by neverdem
STONY POINT, N.Y., May 10 — Four years ago, a company that owns two local power plants settled a lawsuit with New York State by agreeing to install $100 million worth of pollution control technology at one of them, its coal-fired plant here, or shut it down.
At the time, the company, Mirant New York, said it would move forward with the upgrades at its Lovett plant. But on Thursday, state officials announced a different outcome. In a news conference here, Attorney General Andrew M. Cuomo said the state was forcing the plant to close after Mirant failed to reduce emissions with new technology.
One unit of the plant closed on Monday, while the other will close in one year, as stipulated by a 2003 consent decree.
The emissions from the 350-megawatt Lovett plant are linked to acid rain and smog. At the time of the settlement, state environmental officials said the emissions from Lovett alone, which looms over the west bank of the Hudson River, represented a quarter of the sulfur dioxide and almost a third of the nitrogen oxide released by electric generators in seven counties in the Hudson Valley.
The state also announced on Thursday that it had won a concession from Mirant, the area’s largest taxpayer, that should assuage residents of this town as well as the neighboring town of Haverstraw, where the company has its Bowline plant, an oil-powered generating station.
Area residents are reeling from a settlement last year with Mirant in which Rockland County and several taxing entities agreed to pay the company $275 million to make up for tax overcharges dating back more than a decade.
The settlement has led to an increase in local taxes for several municipalities. To meet the terms of the settlement, the North Rockland school district, which...
(Excerpt) Read more at nytimes.com ...
In Al Gore's world, the masses will live in grass huts and ride bicycles while the Dems trade carbon-credits and live in mansions.
The unicorn poop could be deadly...
The company can live off its $250 million in overpaid taxes. The democrats have produced their Nirvana: no power, massive taxes, massive energy bills, and negative economic growth.
Cuomo and the other vermin fly over all this in their Gulfstream.
Four years ago, a company that owns two local power plants settled a lawsuit with New York State by agreeing to install $100 million worth of pollution control technology at one of them, its coal-fired plant here, or shut it down.
Should have kept fighting. No pity from me. You agreed with the verdict now I guess you will pay.
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FReepmail me if you want on or off my New York ping list.
A man who not only resembles an Ape, but thinks like one too. Damn him and his parents for having him. ;-)
> Should have kept fighting. No pity from me. You agreed with the verdict now I guess you will pay.
Gotta agree. The requirement was to install $100M worth of tech — think of it as a fine. Didn’t pay the fine, give it up.
I don’t know whether the requirement was appropriate in the first place — but once the settlement was reached that question became moot.
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