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The U.S. Environmental Protection Agency Announces their 2007 Climate Protection Award Winners
Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second-largest nuclear generator in the United States.
Entergy was the first utility in the nation to commit publicly to reducing its greenhouse gas emissions and has led the utility sector since. For example, Entergy established an internal Environmental Initiatives Fund, in which to date it has invested nearly $15 million to complete 61 internal reduction projects that will achieve 6.2 million tons of CO2 emission reductions by 2010. Entergy joined the U.S. EPA Climate Leaders program in 2004. At that time, Entergy had already been working with the NGO Environmental Defense on its climate strategy and had committed to stabilize its greenhouse gas emissions at 2000 levels through 2005. Entergy has also purchased over 500,000 tons of carbon emission reduction credits generated from landfill methane and coal mine methane recovery projects.
Entergy has actively promoted its efforts on climate change through reporting to the Carbon Disclosure Project and involvement in the Clean Energy Group, Environmental Defense, and the Pew Center Business Environment Leadership Council. In 2006, Entergy was named to the Dow Jones Sustainability Index for the fifth consecutive year. Entergy was the only company in the U.S. electricity sector in 2006 to be named to the Dow Jones Sustainability Index-World.
By 2005, Entergy had reduced its GHG emissions by approximately 20% from 2000 levels and in 2006 the company set a new goal of stabilizing its GHG emissions at 20% below 2000 levels through 2010. The company is accomplishing this goal by implementing projects to reduce electric transmission line losses, manage and or replace SF6 equipment, modernize its fossil fleet with a greater share of Combined Cycle Gas Turbines, and new offset projects.
“I'm proud that our employees are making Entergy a leader in the
national conversation about climate change, one of the defining issues
of our time. This EPA award highlights the importance of preparation and
planning so we are not faced with either/or decisions because we have
allowed the time to run out, not because we lack the means or creativity
to accomplish both. Great companies find a way to reach their financial
goals without borrowing against the future. Nowhere is that more
important than the sustainability of our climate and the rights of
future generations who cannot speak for themselves today.”
J. Wayne Leonard
Chairman and Chief Executive Office
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