Sentences with phrase «credits for new plants»

The legislation ultimately enacted may provide credits for new plants or only provide offsets to existing power plants for the purpose of repowering or replacement, or both.

Not exact matches

No big box stores, lawyers, power plants can cash in The Empire Zone program allowed big box stores like Lowe's and Home Depot to qualify for tax credits, even though they were shifting shoppers from one county to another without creating a lot of new economic activity.

In August 2013, Percoco allegedly succeeded in gaining CPV a reciprocity agreement to purchase emission credits from New York for a New Jersey power plant.

Competitive Power Ventures wanted Mr. Percoco's help obtaining a state contract worth approximately $ 100 million to finance its power plant in the Hudson Valley, as well as millions of dollars in energy credits for a power plant it was building in New Jersey.

Kelly also expected help in obtaining millions of dollars in energy credits for a plant his company was building in New Jersey, according to the complaint.

That could potentially buy enough time for FitzPatrick to become profitable again if the New York Public Service Commission approves some nuclear plant subsidies this summer, called zero emission credits.

The agreement allowed CPV to buy lower - cost credits in New York for the unnamed New Jersey power plant, prosecutors say.

In return, prosecutors say, Percoco helped CPV with «obtaining millions of dollars in energy credits for a power plant it was building in New Jersey.»

Nixon gives Cuomo credit for banning fracking in New York in 2014, saying «it was good first step», but says it doesn't go far enough, because it continues to allow power plants and pipelines that rely on fracked gas.

Among them: Competitive Power wanted the Department of Environmental Conservation's OK to let it purchase emission credits in New York for a plant it was building in New Jersey — a «reciprocity agreement.»

From 2011 to 2014, Walsh served as the deputy commissioner of the Department of Environmental Conservation, an agency where Howe and Percoco allegedly helped facilitate an unusual deal for a client, Competitive Power Ventures, which reaped millions of dollars of state energy credits to build a power plant in New Jersey.

Kelly allegedly had his company, Competitive Power Ventures, hire Percoco's wife Lisa for a $ 90,000 - a-year «low - show» job to get help on a Hudson Valley power plant and a pollution - credit pact with New Jersey.

The complaint alleges that Glaser, who's not identified by name, used his personal e-mail when he agreed in August 2013 to help Percoco get state approval for CPV to buy «emission reduction credits» in New York to help it build the New Jersey plant.

Environmental Advocates of New York says the Cuomo team deserves credit for its aggressive State Energy Plan, but cautions the goals may be just out of reach should the state go the way of re-firing outdated fossil fuel plants and raiding carbon abatement programs like the Regional Greenhouse Gas Initiative.

Gov. Andrew Cuomo directed that the new standard include «zero emission credits» for Upstate nuclear plants to provide them with above - market compensation for producing power without carbon emissions.

Honda will receive a small credit for producing CNG cars under the new fuel economy rules for 2017 - 2025 but in the meantime intends to keep production steady at around 2,000 to 3,000 at its plant in Greensburg, Ind..

Among Freeman's specific recommendations are a «20 percent federal tax credit to electricity and natural gas utilities that gives highest priority to the efficient use of the energy they supply,» and ban on new coal or nuclear plants and retirement of the existing plants within the next 30 years, government - funded demonstration plants for Big Solar and hydrogen, increasing federal fuel economy standards one mile - per - gallon a year over the next 24 years, tax credits for plug - in hybrids or flex - fuel vehicles, and an excess - profits tax on oil to fund the tax credits.

But Ford rightfully gets credit for leading the way with a car for the masses and for raising wages at the hulking new Highland Park plant to an astronomical $ 5 a day, enabling workers to afford the cars they built.

These relate to business expenditures for new plant and equipment, consumers» instalment credit, short - term business loans, the overall value of manufacturing and trade inventories.

There's a clearly understood problem — China figured out they could claim carbon credits by building large new HCFC plants and destroying one of the byproducts, and selling the HCFCs for cheap third world air conditioners, and got away with that for some years.

Ironically, U.S. environmentalists have been a major reason more supercritical coal plants haven't been used in the United States, even taking credit for killing state - of - the - art new coal construction in the past decade.

Another nuclear battle is playing out in New York, with competitive power producers such as NRG Energy and Dynegy challenging the state's use of zero energy credits, footed by ratepayers, for nuclear power plants.

One potential solution to the current impasse involves establishing a fixed amount of emissions for new power plants from which credit - satisfying permit requirements could be provided to supplement those from market sources.

Auctions based on marginal costs wont allow for recovery of investment, which is why states and RTO / ISOs have attempted to address the obvious shortfalls of the auction system by adopting workarounds, to feed money to baseload power plants, e.g., special features such as maintenance fees, or, as in New York State, the establishment of zero - emission credits.

To his credit, Smil acknowledges nuclear power's environmental and health benefits, but he goes on to suggest that for nuclear power to be economically viable, engineers will need to make a «breakthrough» in reducing the construction times of new nuclear power plants.

We thus applaud the proposal by the New York State's Department of Public Service (NYSDPS) for a Clean Energy Standard (CES) that includes a Zero - Emissions Credit (ZEC) for nuclear power plants.

Starting in April 2017, the Clean Energy Standard requires all six New York investor - owned utilities and other energy suppliers to pay for the intrinsic value of carbon - free emissions from nuclear power plants by purchasing Zero - Emission Credits.

By Emily Atkin Posted on Share this: «Here's Who To Blame For America's Increased Contribution To Global Warming In 2013» Share: CREDIT: Shutterstock A new report released by the Environmental Protection Agency on Thursday shows just how much large American industrial facilities including power plants, refineries, and chemical manufacturers contributed to global warming in 2013.

/, Price of new plants in North and South Carolina would be ammunition for opponents — if utilities didn't hold info close» Image credit:: «How Stuff Works,» The dome - shaped containment building at the Shearon Harris Nuclear Power Plant near Raleigh, NC.

An August decision by the New York Public Service Commission (PSC) approving New York's Clean Energy Standard included a provision requiring the state's investor - owned utilities and other energy suppliers to pay for the intrinsic value of carbon - free emissions from nuclear power plants by purchasing «Zero - Emission Credits» (ZEC).

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Accomplishments * Negotiated new credit facility with a 47 % cap increase to fund acquisition * Implemented safety policies and training to secure a 33 % reduction in Worker's Comp costs * Secured healthcare renewals of under double with only single - digit increase for three years running * Conducted a total of approx. 30 new accounting software conversions * Designed, implemented and managed financial and plant operating syst...