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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Brazil government considers emergency Coronavirus loans for power sector
SAO PAULO - Brazil’s government is considering an emergency loan package for energy distributors struggling with lower energy use and facing lost revenues because of the coronavirus outbreak, an industry group told Reuters.
Marcos Madureira, president of Brazilian energy distributors association Abradee, said the package being negotiated by companies and the government could involve loans from state development bank BNDES or a pool of banks, but that the value of the loans and other details was not yet settled.
Also, Brazil’s Mines and Energy Ministry is indefinitely postponing projects to auction off energy transmission and generation assets planned for this year because…
