1000+ rally to stop TXU coal plants! « It’s Getting Hot In Here

1000+ rally to stop TXU coal plants!

Published by lizveazey, February 13th, 2007 Corporate Responsibility , Dirty Energy

Over 1,000 people rallied at the state Capitol this weekend, urging lawmakers to slow down TXU Corporation’s plans to build 11 new coal-fired power plants in Texas and look instead to efficiency and renewable energy sources. Under orders from Gov. Rick Perry the proposed TXU plants are being fast tracked through the permitting process, pushing the plants through despite a recent study showing that the TXU plants would worsen air quality around Texas cities, like Dallas-Fort Worth. Read more on citizens rallying to stop these coal plants. Here’s the air quality study. Also, Business leaders are rallying to stop the coal plants.

We’ve got to step it up and stop these new coal plants, which are going to lock us even further into a dirty energy infastructure, and burden us with global warming, air pollution, ecological & cultural destruction from mining, and more!

4 Responses to “1000+ rally to stop TXU coal plants!”

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1 Matt Leonard Feb 14th, 2007 at 11:43 am

If folks want to step it up - join Rainforest Action Network and our allies for a Feb 21st day of action against TXU! We’re targetting the lead financial arrangers of the TXU deal - if they can’t get the $11 billion loans for this project - than the project is sunk.

*****PLEASE CIRCULATE FAR AND WIDE*****

WHAT: Day of Action to stop TXU’s dirty coal. Let the banks know that they can’t bank on climate destruction!

Join Rainforest Action Network and our allies as we hold a day of action across the country to stop TXU. We’ll be targeting the lead financial arrangers of dirty coal development - telling the banks “Stop Funding TXU’s Dirty Energy” and “No New Coal Plants”. We can stop Merrill Lynch, Citigroup, Morgan Stanley and others from funding TXU’s dirty coal plants and push them to support clean, renewable energy.

We have confirmed actions in New York, San Francisco, Los Angles, Washington D.C., Boston and more! To get involved and download free materials, handouts, and signs visit:

http://dirtymoney.org/txu/join_us_feb_21st/feb_21st_day_of_action/

—-What is TXU and their dirty plan?—-

Dallas-based utilities company TXU is proposing to build 11 new pulverized coal-fired power plants in the country’s leading carbon polluter, Texas. These new plants would:

* More than double TXU’s carbon dioxide (CO2) output, increasing it by a massive 78 million tons of CO2 per year.
* Be the equivalent of 14 million new cars on the highways
* Put more emissions out than 21 US states
* Negate Japan’s commitment to the Kyoto Protocol
* Impose costs of at least $6.6 billion a year (with CO2 estimated costs at $85 a tone) over 50 years
* Lock-in a new generation of old-school power plant technology
* Take us in the opposite direction of any reasonable climate progress.

Several groups have challenged TXU within the political and regulatory spheres. A broad and diverse collection of individuals and groups have come together to try and stop the plants including over twenty Texas municipalities, state legislative leaders, evangelicals and local and national environmental groups.

TXU is seeking $11 billion in financing from the world’s largest banks to build its polluting coal power plants. RAN’s Global Finance Campaign is making sure that the bankers on Wall Street and around the world know that they should consider TXU a “No Go Project.”

Check out http://dirtymoney.org/txu/ for more info
2 Matt Leonard Feb 14th, 2007 at 11:47 am

**** Please forward far and wide****

What: Day of Action against TXU! Let banks know: NO BANKING ON CLIMATE DESTRUCTION

When: Wednesday Feb 21 at Noon

Where: Merrill Lynch bank offices across the US. New York, Los Angeles, San Francisco, Washington DC, Boston and more!

Info: http://dirtymoney.org/txu/join_us_feb_21st/feb_21st_day_of_action/

Join activists with Rainforest Action Network and allies as we hold a day of action across the country to stop TXU. We’ll be targeting the lead financial arrangers of dirty coal development - telling the banks “Stop Funding TXU’s Dirty Energy” and “No New Coal Plants”. We can stop Merrill Lynch and others from funding TXU’s dirty coal plants and push them to support clean, renewable energy.

We have confirmed actions in several major cities - to get involved, add your city, or to download materials, handouts and posters - visit
http://dirtymoney.org/txu/join_us_feb_21st/feb_21st_day_of_action/

—-What is TXU and their dirty plan?—-

Dallas-based utilities company TXU is proposing to build 11 new pulverized coal-fired power plants in the country’s leading carbon polluter, Texas. These new plants would:

* More than double TXU’s carbon dioxide (CO2) output, increasing it by a massive 78 million tons of CO2 per year.
* Be the equivalent of 14 million new cars on the highways
* Put more emissions out than 21 US states
* Negate Japan’s commitment to the Kyoto Protocol
* Impose costs of at least $6.6 billion a year (with CO2 estimated costs at $85 a tone) over 50 years
* Lock-in a new generation of old-school power plant technology
* Take us in the opposite direction of any reasonable climate progress.

Several groups have challenged TXU within the political and regulatory spheres. A broad and diverse collection of individuals and groups have come together to try and stop the plants including over twenty Texas municipalities, state legislative leaders, evangelicals and local and national environmental groups.

TXU is seeking $11 billion in financing from the world’s largest banks to build its polluting coal power plants. RAN’s Global Finance Campaign is making sure that the bankers on Wall Street and around the world know that they should consider TXU a “No Go Project.”

Visit http://www.dirtymoney.org/txu for more info!
3 R Margolis Feb 14th, 2007 at 11:47 am

Times must be desperate: the latest news is that Senator Inhofe referred to the companies in USCAP (coalition advocating federal regualtions on carbon) as profiteers. Interesting how profit without carbon is bad?

The tide may be turning…
4 Lion Kuntz Feb 23rd, 2007 at 10:28 pm

http://tech.groups.yahoo.com/group/H2-PV/message/30
TXU Coal Power Customers for sale at $18,750 for each baaaing sheeple head.

TXU has 2.4 million customers forced to buy power from them alone.
That’s all it’s got plus some aging coal plants. Oh yeah, it also has
$12,300,000,000 of debt too. Some gang is willing to pay
$45,000,000,000 to buy that mess and the only profit can come from the
sheeple with the electric noose around their necks.

Do the math and explain how each customer has to pay out of their
pockets $18,750 so that their new owners just break even on the
purchase price of themselves. (Oh yeah, there’s still that $12.3
billion debt the sheeple have to pay, plus interest too.) Did somebody
say PV was going down in price?

http://www.cbsnews.com/stories/2007/02/24/ap/business/mainD8NFP8480.shtml
“TXU also has about $12.3 billion in debt that likely would be assumed
by a buyer.”

http://www.nytimes.com/2007/02/24/business/24dealweb.html?hp
$45 Billion Bid for a Texas Utility in Biggest Buyout Ever
Published: February 24, 2007

About Liz

While at the University of North Carolina, Liz led one of the first successful campus renewable energy campaigns in the southeast and won the Morris K. Udall scholarship in both 2002 & 2003. She organized the first Southeast Student Renewable Energy Conference April 2-4, 2004, to engage other Southern schools beyond UNC in energy and climate work. In the summer of 2004 she became a co-founding member of Energy Action Coalition, which she has been actively involved with since then. She co-chaired the Energy Action Coalition Steering Committee for 2 years and is Executive Director of the Southern Energy Network, which works with students in the Southeast on clean energy and climate initiatives as part of Energy Action Coalition's Campus Climate Challenge. In late fall 2005, she attended the UN Climate Negotiations in Montreal and helped start www.itsgettinghotinhere.org . In 2008, she joined the board of the Highlander Research and Education Center (www.highlandercenter.org).