Thursday, March 5, 2009

Power Plant Goes Down Before it's Even Built

Today it was announced that Alliant Energy will not move forward with their plans to build a $1.8 billion coal plant in Marshalltown. The Iowa Utilities Board set too much red tape around the facility being built.

Iowa currently receives 76% of it’s power from coal plants and because of that, rates in the state are some of the lowest in the nation. Those in support of the Marshalltown power plant have argued that another coal-fired plant is needed in order to bring more accessible power to the state. A larger power base will be more attractive to businesses as they explore moving to Iowa. And at a time when everyone seems to be talking about bringing jobs to the state, the IUB and with no help from the Governor, this plant plan has died.

We all know that Microsoft has put their plans on coming to Iowa on hold. Businesses like Microsoft really need lots of power to run. What's next? This is a huge blow to the state. And for everyone who is concerned about greenhouse gas emissions, look up the facts about coal. It is cleaner than ever. Emissions would be at a minimum.

It's really too bad that Iowa won't see the 1000 jobs that go with that plant and hopefully rates won't go up for customers.

You can read more details here:
http://tinyurl.com/ddoqf7

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