How does the new competition law protect the environment?
The law requires “grandfathered” power plants (those that predate the 1971 Texas Clean Air Act) to reduce nitrogen-oxide emissions by at least 50 percent and sulfur dioxide by 25 percent before May 1, 2003. • Encourages upgrade or retirement of older power plants to meet emissions standards by allowing utilities to recoup the costs of retrofitting or retiring certain older power plants. • Provides incentives for energy efficiency programs that will result in less demand for the production of electricity. • Requires retail electric providers to buy an additional combined 2,000 megawatts of Texas renewable electric generation capacity statewide by January 2009, from sources that include wind, solar, hydroelectric, biomass or geothermal.
Requires “grandfathered” power plants (those that predate the 1971 Texas Clean Air Act) to reduce nitrogen-oxide emissions by at least 50% and sulfur dioxide by 25% before May 1, 2003. Encourages upgrade or retirement of older power plants to meet emissions standards by allowing utilities to recoup the costs of retrofitting or retiring certain older power plants; Provides incentives for energy efficiency programs that will result in less production of electricity, and requires retail electric providers to buy an additional combined 2,000 megawatts of Texas renewable generation capacity statewide by January 2009, from sources that include wind, solar, hydroelectric, biomass or geothermal.
The law requires “grandfathered” power plants (those that predate the 1971 Texas Clean Air Act) to reduce nitrogen-oxide emissions by at least 50 percent and sulfur dioxide by 25 percent before May 1, 2003. • Encourages upgrade or retirement of older power plants to meet emissions standards by allowing utilities to recoup the costs of retrofitting or retiring certain older power plants. • Provides incentives for energy efficiency programs that will result in less demand for the production of electricity.
