Difference between revisions of "Martin Lake 4"

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Martin Lake 4 was planned to be built alongside three existing units in Tatum, Texas.<ref>[http://www.stopthecoalplant.org/downloads/power_plants_emissions_data.pdf Emissions from Recently Permitted and Proposed Coal Burning Power Plants], Stop the Coal Plant website, August 7, 2007.</ref>
 
Martin Lake 4 was planned to be built alongside three existing units in Tatum, Texas.<ref>[http://www.stopthecoalplant.org/downloads/power_plants_emissions_data.pdf Emissions from Recently Permitted and Proposed Coal Burning Power Plants], Stop the Coal Plant website, August 7, 2007.</ref>
  
As part of a $45 billion buyout by a group of private equity firms, TXU – now named Luminant – settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council. In an agreement announced on Feb. 26, 2007, TXU agreed to cancel 8 of its planned 11 new Texas coal-fired power plants as well as several new coal-fired plants in Pennsylvania and Virginia, back federal legislation to create a cap-and-trade system regulating CO2 emissions, and double spending on energy efficiency. In return, Environmental Defense and NRDC agreed not to campaign against TXU’s remaining three Texas coal-fired plants.<ref>[http://www.nytimes.com/2007/02/26/business/26coal.html?_r=2&pagewanted=all&oref=slogin A Buyout Deal That Has Many Shades of Green], ''New York Times'', February 26, 2007.</ref>
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As part of a $45 billion buyout by a group of private equity firms, TXU – now named Luminant – settled a series of lawsuits with [[Environmental Defense]] and the [[Natural Resources Defense Council]]. In an agreement announced on Feb. 26, 2007, TXU agreed to cancel 8 of its planned 11 new Texas coal-fired power plants as well as several new coal-fired plants in Pennsylvania and Virginia, back federal legislation to create a cap-and-trade system regulating CO2 emissions, and double spending on energy efficiency. In return, Environmental Defense and NRDC agreed not to campaign against TXU’s remaining three Texas coal-fired plants.<ref>[http://www.nytimes.com/2007/02/26/business/26coal.html?_r=2&pagewanted=all&oref=slogin A Buyout Deal That Has Many Shades of Green], ''New York Times'', February 26, 2007.</ref>
  
 
Martin Lake 4 was one of the 8 Texas plants that were cancelled under this agreement.
 
Martin Lake 4 was one of the 8 Texas plants that were cancelled under this agreement.
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*[http://www.seedcoalition.org/ Sustainable Energy & Economic Development Coalition], Karen Hadden, karen [at] seedcoalition.org
 
*[http://www.seedcoalition.org/ Sustainable Energy & Economic Development Coalition], Karen Hadden, karen [at] seedcoalition.org
 
*[http://www.citizen.org/texas/Dereg/coalplants/ Texas Public Citizen], jcarraway [at] citizen.org
 
*[http://www.citizen.org/texas/Dereg/coalplants/ Texas Public Citizen], jcarraway [at] citizen.org
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*[[Environmental Defense]]
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*[[Natural Resources Defense Council]]
  
 
==Resources==
 
==Resources==

Revision as of 00:22, 16 April 2008

{{#badges: CoalSwarm}} Martin Lake 4 was planned to be built alongside three existing units in Tatum, Texas.[1]

As part of a $45 billion buyout by a group of private equity firms, TXU – now named Luminant – settled a series of lawsuits with Environmental Defense and the Natural Resources Defense Council. In an agreement announced on Feb. 26, 2007, TXU agreed to cancel 8 of its planned 11 new Texas coal-fired power plants as well as several new coal-fired plants in Pennsylvania and Virginia, back federal legislation to create a cap-and-trade system regulating CO2 emissions, and double spending on energy efficiency. In return, Environmental Defense and NRDC agreed not to campaign against TXU’s remaining three Texas coal-fired plants.[2]

Martin Lake 4 was one of the 8 Texas plants that were cancelled under this agreement.

Project Details

Sponsor: Luminant (formerly TXU)
Location: Tatum, Rusk County, TX
Capacity: 858 MW
Status: Cancelled (2/07)

Financing

Citizen Groups

Resources

References

  1. Emissions from Recently Permitted and Proposed Coal Burning Power Plants, Stop the Coal Plant website, August 7, 2007.
  2. A Buyout Deal That Has Many Shades of Green, New York Times, February 26, 2007.

Related SourceWatch Articles

External Links