Friday, July 6, 2007

Georgia - Cause & Effect?

Shortly after the Georgia Department of Natural Resources approved the tougher mercury laws for the State, Georgia Power files for a rate increase.

An excerpt from the Rome News Tribune,

The Georgia Department of Natural Resources board this morning approved new restrictions on mercury emissions that also set deadlines for the installation of pollution controls at Georgia Power’s coal-fired plants.

Georgia’s mercury-emission standards are now tougher than those set by the U.S. Environmental Protection Agency. But environmental groups have argued it’s not enough.

Then not only two days later Georgia Power is asking for a rate increase. The two are related but I am certain there are more things involved. An excerpt from the Atlanta Journal Constitution,

Two years after its last rate increase — and four months after the latest in a string of fuel charge increases — Georgia Power is expected to ask state regulators for more money today.

The company isn't saying how much of an increase it will request: Federal law prohibits it from discussing that amount until after it has filed a notice with the Securities and Exchange Commission. [...]

The company has a long list of expensive environmental cleanup projects either under way or about to be at its fleet of coal-fired power plants, which will help it satisfy mercury emissions rules approved by the state Environmental Protection Division Wednesday.

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