APCO VP: Company remains 'committed to coal'
May 18 - McClatchy-Tribune Regional News - Charles Owens Bluefield Daily
Telegraph, W.Va.
While the subject of climate change and greenhouse emissions is helping to
generate a national debate, officials with Appalachian Power say they are
taking steps now to meet the challenges of climate change, according to
company officials.
Any legislation Congress passes will most likely create a cap-and-trade
program, which AEP supports to reduce emissions, according to Appalachian
Power Vice President R. Daniel Carson Jr.
Carson said a key issue in the cap-and-trade debate is establishing how the
limited number of greenhouse gas emission allowances will be allocated. That
will determine its impact upon AEP customers and the local economy.
While what impact this will have on the coal industry is still to be
determined, Carson said Appalachian Power remains committed to coal.
"I think it will have implications to the coal industry because it is an
added layer of cost for any utility," Carson said. "But by the same token,
we are committed to coal as a tool. Where we have a problem is the
extraction."
Carson said coal is still critical to the nation's generation capacity.
"We know the nation depends upon coal, and there are no easy alternatives,"
Carson said.
Carson said Appalachian Power is working to develop a renewable portfolio in
Virginia that includes wind generation. The company had committed in 2007 to
add 1,000 megawatts of renewable generation to its fleet by 2011, according
to a company data sheet. As of today, it has added 930 megawatts of wind
generation toward that goal.
Carson said the company began working several years ago to address the issue
of climate change. Appalachian Power has since taken a number of steps to
expand its portfolio of measures related to green house emissions, including
joining the Chicago Climate Exchange, which is the nation's first voluntary
program established for the exchange of greenhouse gas emissions.
The company also has planted 63 million trees to restore former strip mines,
and is participating in international projects to protect and restore
threatened tropical and subtropical rain forests, according to the company
press release. The company also is nearing completion of the nation's first
carbon capture and geological storage demonstration process at Appalachian
Power's Mountain Plant in Mason County, and is committed to the construction
of two Integrated Gasification Combined Cycle Power Plants.
-- Contact Charles Owens at
cowens@bdtonline.com
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