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A cleaner power

Bowersock has been generating electricity with hydropower for 121 years

· September 16, 2008 · Post a comment

Hydropower is one of the world's oldest forms of generating electricity, but it is getting new interest today as companies look for cleaner ways of doing business. The Bowersock Mills and Power Company along the Kansas River is leading a clean energy effort in Lawrence.

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Richard Heckler 6 years, 1 month ago

More water power and less coal power = healthy dollars and sense!Carbon Risk, Coal, and Higher Electricity PricesWhy coal-generated electricity will cost more than utilities claimHow UCS is succeeding in documenting that coal-generated electricity will cost more than utilities claimWith over 100 new coal power plants proposed nationwide, the Union of Concerned Scientists has expanded its efforts to heighten awareness of the true costs of coal. Our report, Gambling with Coal, shows how investment in conventional coal plants is a reckless financial gamble given coming climate regulation. UCS's testimony about the risks of investing in coal power plants in Minnesota and South Dakota may have already contributed to changing the way that three major utilities plan to meet future power needs. In the coming months, we will expand our call for truer accounting wherever utilities are gambling with coal, identifying additional financial risks of investing in coal, and working for better energy and climate policies at the state and federal levels. Coal power plants release the most global warming emissions of any source of electricity. A growing consensus, which even includes business and utility executives, expects that Congress will regulate global warming emissions in the next few years. Utilities that ignore these coming regulations are heedlessly subjecting their investors and customers to the financial risk that comes with burning coal-which will be much more expensive in the future. Today, utility companies have a choice between investing in outmoded pulverized coal technology or investing in new, cleaner, and innovative efficiency and renewable energy technologies that don't face increasing fuel costs or pollution charges. Those that choose to ignore the coming regulation on global warming emissions will face higher costs in the future and will likely try to pass that extra cost onto customers through higher rates.Although a number of forward-thinking utilities have recognized the coming costs of carbon regulation, many have not. Because this carbon risk is not included into their planning, their estimated costs for future coal-generated electricity are deceptively low. In fact, once the global warming pollution costs of coal are taken into account, clean energy alternatives, especially wind power and energy efficiency, become an even more appealing option.Gambling with CoalIn this thoroughly researched and documented report, UCS discusses the very real threat of global warming, shows how the necessary policy response will inevitably impose new costs on new coal plants.

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