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|Archives - November 2009|
|Wednesday, October 21, 2009|
Coal generates just 22% of the electricity in the Pacific Northwest, but it is responsible for 87% of greenhouse gas emissions from the regional power grid. Given those numbers, it was only a matter of time before environmental groups took aim at Portland General Electric’s Boardman coal plant, the largest source of greenhouse gases in the state.
The Oregon chapter of the Sierra Club is joining chapters in Washington, California and elsewhere to promote a Beyond Coal campaign that calls for stopping the construction of new coal plants and pulling the plug on old ones. Because Oregon has just one coal plant, Sierra Club’s local campaign targets just one utility: PGE, a public company that prides itself on its commitment to wind power, solar energy and efficiency.
Sierra Club and several other environmental groups are already suing PGE over alleged violations of the Clean Air Act at Boardman, which emits mercury and sulfur dioxide as well as carbon dioxide. Now they are turning up the volume on a public critique of PGE’s plan to invest $500 million into the Boardman plant. “It’s a real gamble to invest $500 million into 19th century technology so you can continue burning coal for another 30 years,” says the Sierrra Club’s Robin Everett.
From PGE’s perspective, it would be a much larger gamble to close the plant. Boardman is one of the utility’s cheapest power sources, cranking out electricity 24 hours a day at about one-half the market price. That’s why the utility has decided to make the investment in pollution control technology to reduce emissions of mercury and sulfur dioxide, even though the upgrade would not reduce greenhouse gas emissions. PGE has invested heavily in wind power but the intermittency of wind is more problematic than feared.
“Wind power will only deliver about a third of the time,” says Reuben Plantico, PGE’s environmental policy director. “You can’t build a portfolio on that. You need to have the reliable resources to back up your investments in renewables.”
PGE is also planning to build two new gas plants to back up future wind investments. But some observers, including Portland mayor Sam Adams, wonder whether the same goals could be met through conservation. In an Oct. 5 letter to PGE CEO Jim Piro, Adams wrote, “I strongly urge you to evaluate phasing out Boardman… by 2020 at the latest.”
The coal fires are bound to heat up further as PGE’s plan moves to the realm of the Oregon’s Public Utility Commission this winter.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, June 12, 2014
BY ANDREA DURBIN | OB GUEST BLOGGER
Last week, the Obama administration took an important and welcomed step in the effort to protect the health and well-being of all Oregonians by limiting carbon pollution from existing power plants.
Friday, June 06, 2014
BY KATIE AUSBURGER | OB GUEST CONTRIBUTOR
How to build a hipster-friendly work environment.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Thursday, June 26, 2014
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Lane Powell Shareholder Susan K. Eggum has been elected as vice chair of programs and projects for the International Association of Defense Counsel’s (IADC’s) Employment Law Committee.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.