American Electric Power was misleading when it blamed the shutdown of five coal-fired power plants on new Environmental Protection Agency regulations, EPA administrator Lisa Jackson told reportes this morning after a Senate committee hearing.
AEP's claims were "misleading at best, scare tactics at worst," Jackson said. Gabiriel Nelson of Environment & Energy News writes, "Critics say that the new rules are not the main driver of the shutdowns. Of the 6,000 megawatts to be retired, 4,000 megawatts are the result of a 2007 settlement deal with states and the George W. Bush administration to resolve claims that AEP's plants were releasing too much air pollution."
Nelson notes CEO Michael Morris told during an investor conference last month "that most of the coal plants AEP planned to retire, with 5,500 megawatts of capacity, were 'high cost plants' that 'dispatch infrequently'." (Read more, subscription required)
AEP's claims were "misleading at best, scare tactics at worst," Jackson said. Gabiriel Nelson of Environment & Energy News writes, "Critics say that the new rules are not the main driver of the shutdowns. Of the 6,000 megawatts to be retired, 4,000 megawatts are the result of a 2007 settlement deal with states and the George W. Bush administration to resolve claims that AEP's plants were releasing too much air pollution."
Nelson notes CEO Michael Morris told during an investor conference last month "that most of the coal plants AEP planned to retire, with 5,500 megawatts of capacity, were 'high cost plants' that 'dispatch infrequently'." (Read more, subscription required)
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