Exelon seeks carbon output cuts
NEW YORK, NEW YORK - Exelon Corp, the largest U.S. nuclear power operator, said it would seek to slash carbon output from its own operations and those of its customers by 15 million metric tons per year by 2020.
The plan seeks to reduce or offset emissions of the carbon dioxide gas blamed for contributing to global warming by the equivalent of removing 3 million cars from the roads, the company said.
Nuclear power plant operators have long supported efforts to trim carbon dioxide emissions because their power plants emit virtually none of the greenhouse gas, in contrast to coal-fired power plants which are among the nation's top emitters of carbon.
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ATCO Electric agrees to $31 million penalty following regulator's investigation
CALGARY - Regulated Alberta utility ATCO Electric has agreed to pay a $31 million administrative penalty after an Alberta Utilities Commission investigation found it deliberately overpaid a First Nation group for work on a new transmission line, and then failed to disclose the reasons for it when it applied to be reimbursed by ratepayers for the extra cost.
An agreed statement of facts contained in a settlement agreement between ATCO Electric Ltd. and the commission's enforcement staff says the company sole-sourced a contract in 2018 for work that was necessary for an electric transmission line to Jasper, Alta.
The company that won…
