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No New Coal Plants!

NASA scientist James Hansen, one of the earliest top researchers to warn the world about global warming, is calling for a moratorium on building new coal-fired power plants and bulldozing older generators that don’t capture and bury greenhouse gases by 2050. He says increased efficiency can make up for cutbacks in coal, which now provide about 50% of the energy used in the U.S. 159 coal-fired power plants are scheduled to be built over the next decade. While NGO Enviroment Texas applauded the cancellation of eight TXU coal plants, even three plants should not remain on the drawing board, along with 140 other plants across the country. “That’s eight down, 11 more to go,” said Luke Metzger, Director of Environment Texas. “TXU’s announcement is great news, but there are still 11 other coal plants in the works in Texas, including the 3 dirtiest plants proposed by TXU. The fight has just begun.” Sen. Rodney Ellis has filed SB 860 to require a two-year moratorium on new coal plants, to allow for time for the state “to adopt an integrated energy plan for this state that provides for this state’s electricity generation needs, protects the health and safety of the residents […]

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KMP to Invest Up to $100M in Biodiesel Infrastructure

Kinder Morgan Energy Partners, L.P. (NYSE: KMP) announced plans to invest up to $100 million to expand its terminal facilities to help serve the growing biodiesel market. z KMP has entered into long-term agreements with Green Earth Fuels, LLC to build up to 1.3 million barrels of tankage that will handle approximately 8 million barrels of biodiesel production at KMP’s terminals on the Houston Ship Channel, the Port of New Orleans and in New York Harbor. Green Earth Fuels has agreed to build biodiesel production facilities at various KMP terminal sites in these regions and has already begun construction on an 86 million gallon facility at KMP’s Galena Park Terminal on the Houston Ship Channel that is expected to commence operations in July 2007. In addition to biodiesel, KMP has significantly increased its handling of ethanol and continues to pursue additional ethanol opportunities in both its terminals and products pipelines business units. In 2006, KMP handled approximately 1.5 billion gallons of ethanol, almost 30 percent of the domestic ethanol market. The terminals group currently provides ethanol services at its facilities in Chicago, New York Harbor, Philadelphia, New Orleans, Los Angeles and Houston, while the products pipelines group provides storage and […]

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