The Obama administration finished crafting tough new rules Friday curbing mercury and other poisons emitted by coal-fired utilities, according to several people briefed on the decision, culminating more than two decades of work to clean up the nation’s dirtiest power plants.
Archives for December 2011
Portland, Ore. — In response to today’s Federal Energy Regulatory Commission (FERC) ruling on the Bonneville Power Administration (BPA) “Environmental Redispatch and No Negative Pricing policy,” Rachel Shimshak, executive director of non-profit advocacy group Renewable Northwest Project, issued the following statement: We are pleased that the Commission has ruled on this issue and has determined that BPA’s “Environmental Redispatch and No Negative Pricing Policy” is discriminatory. With these questions answered, Renewable Northwest Project is eager to continue working with BPA and regional partners toward solutions to over-generation that are economical, equitable and good for the environment.
First Solar Inc. is selling one of its large California solar farms to MidAmerican Energy Holdings Co., ending the solar-panel maker’s search for a buyer. The sale places MidAmerican Energy, a unit of Warren Buffett’s Berkshire Hathaway Inc., in the solar-power business for the first time. MidAmerican operates fleets of wind farms and conventional power plants. The companies didn’t disclose terms of the deal Wednesday, but said the Topaz solar-power plant, in San Luis Obispo County, is worth more than $2 billion. Shares of First Solar rallied nearly 7% on the news, and traded at $49.16, up 6.7%.