Nuclear-power company Exelon today launched a program it says will reduce greenhouse-gas emissions by over 16 million tons a year by 2020 -- more than the company's current total annual emissions. The company's plan calls for buying renewable-energy credits to offset some of its emissions, generating a small amount of electricity from alternative sources such as landfill gas, wood, or crop waste, and complying with recently passed legislation in Illinois requiring the company to help customers reduce their electricity consumption through smart-metering and other measures. The company's largest emissions reductions would come from making some of its natural-gas-burning power plants more efficient, and (much less significantly) from increasing the output of its existing nuclear reactors, the logic being that increasing nuke output could generate increased power without creating more carbon emissions. "This is a mix of things that any sensible person would do," said Exelon CEO John Rowe. Exelon has also advocated for a carbon-trading program in the U.S., especially one under which it could earn credits for generating nuke power.
source: The New York Times, Exelon
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Delay And Deny Posted 1:27 am
15 Jul 2008
Excelon is not a "nuclear power" company, just a power company...it sells electricity. So, it will try to do what is most profitable and best using whatever means necessary to deliver.
http://www.exeloncorp.com/aboutus/
Seems like a good investment to me...
http://phx.corporate-ir.net/phoenix.zhtml?c=124298&p= ...
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Wolverine Posted 2:04 am
15 Jul 2008
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banana republican Posted 4:29 am
15 Jul 2008
When they decide it's easier to fix the amount of tritium they're leaking into the Rock River so it actually complies with the law, instead of just taking a fine every year because it's cheaper, I might start trusting them.
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jwebb Posted 12:58 am
17 Jul 2008
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