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Post by Logan on Feb 18, 2016 4:00:17 GMT -6
SPOKANE, Wash. — A bill that would authorize the state's largest utility to create a fund to pay for the eventual shutdown of two coal-powered electricity plants in Montana easily passed the Washington State Senate on Wednesday. A Washington utility has put a $130 to $200 million price tag on shutting down and cleaning … Senate Bill 6248, which is being closely watched in Montana, passed by a vote of 42-7, and it now heads to the State House for consideration. The bill was amended to remove any provisions calling for the closure of two older coal-fired plants located in the company town of Colstrip, Montana. Bill sponsor Sen. Doug Ericksen, R-Ferndale, said the measure now simply authorizes Puget Sound Energy to fund a "retirement account" to cover future decommissioning and remediation costs of the power plants, but only if they are closed after 2023. Read more: billingsgazette.com/news/state-and-regional/montana/washington-senate-passes-bill-involving-colstrip-plants/article_595b085d-fe57-5a03-8ad5-c1fb7973639d.html
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