Current:Home > InvestJohnathan Walker:Pennsylvania governor backs a new plan to make power plants pay for greenhouse gases -FinTechWorld
Johnathan Walker:Pennsylvania governor backs a new plan to make power plants pay for greenhouse gases
Johnathan Walker View
Date:2025-04-10 18:35:26
SCRANTON,Johnathan Walker Pa. (AP) — Gov. Josh Shapiro unveiled a plan to fight climate change Wednesday, saying he will back legislation to make power plant owners in Pennsylvania pay for their planet-warming greenhouse gas emissions and require utilities in the nation’s third-biggest power-producer to buy more electricity from renewable sources.
Such legislation would make Pennsylvania the first major fossil fuel-producing state to adopt a carbon-pricing program. However, it is likely to draw fierce opposition from business interests wary of paying more for power and will face long odds in a Legislature that is protective of the state’s natural gas industry.
Shapiro’s proposal comes as environmentalists are pressuring him to do more to fight climate change in the nation’s No. 2 gas state and as the state’s highest court considers a challenge to his predecessor’s plan to adopt a carbon-pricing program. It also comes after many of the state’s biggest power polluters, coal-fired plants, have shut down or converted to gas.
At a news conference in Scranton, Shapiro said his plan would boost investment in clean energy sources, create jobs, improve electricity reliability, cut greenhouse gas emissions and lower electricity bills.
Under Shapiro’s plan, Pennsylvania would create its own standalone carbon-pricing program, with most of the money paid by polluting power plants — 70% — going to lower consumer electric bills. No one will pay more for electricity and many will pay less, Shapiro said.
Meanwhile, utilities would be required to buy 50% of their electricity from mostly carbon-free sources by 2035, up from the state’s current requirement of 18%. Currently, about 60% of the state’s electricity comes from natural gas-fired power plants.
For the time being, a state court has blocked former Gov. Tom Wolf’s regulation that authorizes Pennsylvania to join the multistate Regional Greenhouse Gas Initiative, which imposes a price and declining cap on carbon dioxide emissions from power plants.
As a candidate for governor, Shapiro had distanced himself from Wolf’s plan and questioned whether it satisfied criticism that it would hurt the state’s energy industry, drive up electric prices and do little to curtail greenhouse gases.
___
Follow Marc Levy: http://twitter.com/timelywriter
veryGood! (8)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- The United Auto Workers faces a key test in the South with upcoming vote at Alabama Mercedes plant
- In bid to keep divorce private, ex-MSU coach Mel Tucker says he needs money to sue school
- McDonald's is considering a $5 meal to win back customers. Here's what you'd get.
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Want WNBA, women's sports to thrive? Fans must do their part, buying tickets and swag.
- Sacramento State's unique approach helps bring peaceful end to campus protest
- How Ryan Dorsey and Son Josey Will Honor Naya Rivera on Mother's Day
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Toddler dies in first US hot car death of 2024. Is there technology that can help save kids?
Ranking
- New data highlights 'achievement gap' for students in the US
- Suns hiring another title-winning coach in Mike Budenholzer to replace Frank Vogel, per reports
- 3 killed and 3 hurt when car flies into power pole, knocking out electricity in Pasadena, California
- Rescuers free 2 horses stuck in the mud in Connecticut
- The Grammy nominee you need to hear: Esperanza Spalding
- Swifties dress in 'Tortured Poets' themed outfits for Eras Tour kickoff in Paris
- A fire burns down a shopping complex housing 1,400 outlets in Poland’s capital
- Marc Benioff lunch auction raises $1.5M for charity. Not bad for first year without Warren Buffett
Recommendation
Meta releases AI model to enhance Metaverse experience
Taylor Swift may attract more U.S. luxury travelers to Paris for Eras Tour than Olympics
Save Up to 81% Off Stylish Swimsuits & Cover-Ups at Nordstrom Rack: Billabong, Tommy Bahama & More
Northern lights set the sky aglow amid powerful geomagnetic storm
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
As demolition begins on one of the last Klamath River dams, attention turns to recovery
NHL playoffs: Florida Panthers light up Boston Bruins on power play, take 2-1 series lead
Ciara Reveals How She Turned a Weight-Loss Setback Into a Positive Experience