Dynegy backs off funding coal plant

January 13, 2009 at 4:05 am Leave a comment

Based in Houston Texas, one of the largest owners and operators of power plants in North America has decided to dissolve a 2-year-old joint venture with New York-based LS Power Associates, ending its participation in at least five planned coal-fueled facilities around the country that would have produced an estimated 30 million tons of greenhouse gas emissions annually.

This decision may halt the development of their $2 billion, 845 MW Coal-Fired Longleaf Plant in Earl County GA.

Funding these plants would have made Dynegy a major builders of controversial carbon generators. These generators would exacerbate climate destabilization caused by industrial carbon dioxide emissions and intensify health-threatening pollution in surrounding communities.

Southern Energy Network has been engaged in the fight against Dynegy for more than a year with hundreds participating in call-in days to Dynegy, seventy attending a hearing on the plant and 30 folks traveling all the way to Texas to protest at the Dyengy Shareholders meeting and protest this and other Dynegy coal plants around the country.  We hope to see this trend continue with more coal investors pulling their investments out of dirty and risky coal plants.

Click here for more information on how you can get involved in stopping Dynegy’s proposed plants.

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Entry filed under: coal, georgia, southeast, southern energy network.

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