No question that coal-fired power plants with outdated technology are polluters.
U.S. ANNOUNCES LARGEST SINGLE ENVIRONMENTAL SETTLEMENT IN HISTORY
Historic pollutant reductions will save $32 billion in health costs annually
Release date: 10/09/2007
Contact Information: Roxanne Smith, 202-564-4355 / smith.roxanne@epa.gov
(Washington, D.C. – Oct. 9, 2007) American Electric Power has agreed to cut 813,000 tons of air pollutants annually at an estimated cost of more than $4.6 billion, pay a $15 million penalty, and spend $60 million on projects to mitigate the adverse effects of its past excess emissions.
The record settlement was announced today by the Department of Justice and the Environmental Protection Agency.
This is the single largest environmental enforcement settlement in history by several measures. For example...(complete article here).
Note that the consumers who purchase electricity from AEP will be picking up the $4.675 billion tab.
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