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Financial In Market According to a recent report released by state environmental advocates, the nation's worst polluting power plants are getting even worse.

Locke described the bill as having the strongest standards in the nation for new power plants, which he said are the No. 1 source of carbon dioxide pollution. The legislation, which gives the force of state law to rules Locke issued last fall, requires future power plants to offset 20 percent of their carbon dioxide emissions by planting trees, powered buses or taking other steps to curb pollution. Existing plants will not be affected.

Oriental Trading "Power plants across the country have become dramatically dirtier, emitting tens of thousands of tons more of soot-forming sulfur dioxide, smog-forming nitrogen oxides and carbon dioxide, the leading cause of global warming," said Emily Rusch, the energy policy associate for the New Jersey Public Interest Research Group, or NJPIRG.

About six weeks ago, the Bush administration announced it is considering rolling back a key provision of the Clean Air Act, called the New Source Review. This law requires old power plants to meet modern pollution standards when they are upgraded. Never mind that such a rollback would allow old and dirty power plants to expand and pollute air and water all over the nation even more than they do now.

Financial Forex Forex Software "This pollution causes serious health problems, such as asthma, bronchitis, and even premature death," she added.

Everyone agrees the Detroit Edison power plant here, which President Bush visited today, - but of what Bush came to demonstrate how, under his policies, power plants could be expanded and upgraded without any increase in air pollution. He said Monroe is a "living example" air rules for the nation's oldest, - allowing the plant to modernize and "continue doing a good job of protecting the quality of the air."

Trading The report also notes that a plan by President Bush to increase a controversial initiative may cause even more pollution in the state.

Kudos to the Bordentown Township Committee, for putting the public health of the residents first. Late Monday night, the committee decided not to allow a new polluting power plant in their community. The enormous public outcry against Conectivs proposed new power plant on the Delaware River is one more example of New Jersey residents saying, "Enough is enough. New Jersey already suffers from some of the worst air pollution in the country, triggering thousands of asthma attacks, chronic bronchitis, even premature death.

Trading Financial System "What we've seen in this administration has been a cut to environmental enforcement actions by 20 percent in the first year," said Jeff Tittel, state director of the Sierra Club. "We believe that the Bush administration, through its so-called 'clean air' program, is an assault on our lungs."

Gov. Gary Locke on Wednesday signed into law standards for new power plants that will force energy producers to fund environmental projects to partially make up for the pollution they create. The governor said the changes will reduce carbon dioxide emissions while cutting the time needed to get new power plants approved. ``Having clear standards in place will decrease CO2 emissions that lead to global warming, create more certainty for businesses, decrease rulemaking costs and speed up permitting processes by as much as a year, '' Locke said at a signing ceremony.

Day Trading The controversial initiative, known as the "cap and trade" concept, was originally designed to offer incentives to clean power plants, allowing them to sell off pollution credits to other plants that may be over the pollution cap set for their plant.

Forex Financial Trading The However, according to environmental advocates, the program has allowed some of the dirtiest power plants to continue getting dirtier.

Fortune Make Option Trading "Though we might be doing things better in New Jersey, other states can pump more pollution in our direction," said Tittel, referring to coal-burning power plants in Ohio.

Science Of Financial Market Tittel said that nearly one-third of the pollution in New Jersey is caused from being down-wind of these plants.

Future Trading " 'Cap and trade' really hurts us more than it hurts any other state in the nation," he added.

Financial Sales Services By Jason Butkowski
The Press of Atlantic City - 4/5/2002

Topic: Air Pollution

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