New York – Entergy We power life. Tue, 25 Oct 2011 08:08:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 /wp-content/uploads/2024/06/cropped-FavIcon-32x32.png New York – Entergy 32 32 Entergy Announces Purchase of Greenhouse Gas Reduction Credits /news/entergy-announces-purchase-greenhouse-gas-reduction-credits Tue, 25 Oct 2011 08:08:00 +0000 /blog-post/entergy-announces-purchase-greenhouse-gas-reduction-credits/ NEW ORLEANS – ºÚÁϳԹÏÍø (NYSE: ETR) today announced the purchase of approximately 137,000 tons of greenhouse gas reduction credits from New York’s largest non-hazardous solid waste facility.

The credits were generated from the capture and destruction of methane, a byproduct of waste decomposition. Seneca Meadows, Inc. owns and operates the waste facility located in Waterloo, N.Y. SMI captures methane emitted from decomposing waste through a collection system that is then sent to a landfill gas-to-energy facility. The landfill manages an average of 6,000 tons of waste per day.

“Entergy is proud to help support the efforts of Seneca Meadows to reduce greenhouse gas emissions in New York,” said Brent Dorsey, Entergy’s director of corporate environmental programs. “As a committed member of the community, we believe projects such as this one are illustrative of Entergy’s concern for the environment.”

Methane is a potent greenhouse gas that remains in the atmosphere for decades, if not captured and controlled. Compared to carbon dioxide, methane has a global warming potential 21 times greater than CO2.

This is Entergy’s second purchase of greenhouse gas reduction credits from SMI in 2011. Entergy’s latest purchase represents the equivalent of removing roughly 137,000 metric tons of carbon dioxide from the atmosphere, or taking more than 24,000 vehicles off the road for one year. The previous purchase, announced in July, was for nearly 35,000 tons.

Progressive Waste Solutions Ltd., the parent company of SMI, was recently named a top performer on the Carbon Disclosure Leadership Index.  

“The CDLI recognition is the result of our commitment to the environment and our relationship with partners such as Entergy,” said Tom Hasek, environmental manager for SMI.

The greenhouse gas credits were purchased through Entergy’s dedicated Environmental Initiatives Fund and registered through Winrock International’s nonprofit American Carbon Registry, a voluntary offset program with strong environmental integrity standards. Environmental Capital LLC, a New York-based carbon credit advisory firm, facilitated project development and registration, as well as brokered the transaction.

“Entergy’s commitment to reducing greenhouse gas emissions and Seneca Meadow’s proactive efforts in the early collection and destruction of methane, combined with the market infrastructure provided by the American Carbon Registry, is exactly the type of alliance that successfully addresses our environmental challenges,” said Denise Farrell, managing director at Environmental Capital LLC.

ºÚÁϳԹÏÍø 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 delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 15,000 employees.

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Entergy’s online address is entergy.com

Twitter: @Entergy

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Entergy Helps New York Avoid Nearly 35,000 Tons of Greenhouse Gases /news/entergy-helps-new-york-avoid-nearly-35-000-tons-of-greenhouse-gases Wed, 06 Jul 2011 02:00:00 +0000 /blog-post/entergy-helps-new-york-avoid-nearly-35-000-tons-of-greenhouse-gases/ Latest offset purchase is equivalent to removing 6,000 vehicles from the road

NEW ORLEANS – The air in New York just got a little cleaner. ºÚÁϳԹÏÍøÂ (NYSE: ETR) today announced the purchase of 34,812 tons of greenhouse gas reduction credits from New York’s largest non-hazardous solid waste facility.

The credits were generated from the capture and destruction of methane, a byproduct of waste decomposition. , Inc., owns and operates the waste facility, which is located in Waterloo and manages an average of 6,000 tons of waste per day. SMI captures methane from its waste through a highly engineered collection system at their facility.

Methane is a potent greenhouse gas that remains in the atmosphere for decades, if not captured and controlled. Compared to carbon dioxide, methane has a global warming potential 20 times greater than CO2.

Entergy’s purchase results in the prevention of nearly 35,000 tons of CO2 equivalent – a measurement that equates the global warming potential of all greenhouse gases into the lowest common denominator. Preventing 35,000 tons CO2(e) from reaching the atmosphere is equal to taking more than .

“Entergy is dedicated to improving the environment in all the communities where we operate,” said Rick Smith, president of Entergy Wholesale Commodities. “We’ve made it our responsibility to contribute to a clean environment not only by generating safe, secure and reliable nuclear energy, such as we do at our James A. Fitzpatrick and Indian Point nuclear plants here in New York, but also through participation in innovative greenhouse gas offset projects.”

According to the U.S. Environmental Protection Association, municipal solid waste landfills are the second-largest source of human-related methane emissions in the United States. However, SMI has taken a proactive approach to gas collection with a high efficiency, negative pressure system which is constructed in an as-you-go design.

“Like Entergy, Seneca Meadows prides itself on its commitment to being a good neighbor and to its environmental education and stewardship,” said Tom Hasek, SMI’s environmental manager. “We believe partnerships of this nature show real leadership in reducing the level of greenhouse gases in the atmosphere.”

The greenhouse gas credits were purchased through Entergy’s dedicated Environmental Initiatives Fund and registered through ‘s nonprofit , a voluntary offset program with strong standards for environmental integrity. , a New York-based carbon credit advisory firm, facilitated project development and registration, as well as brokered the transaction.

“ACR is pleased to provide a transparent framework for companies like Entergy and Seneca Meadows to quantify and transact high-quality, verified emissions reductions,” said Mary Grady, director of business development for American Carbon Registry. “Our mission is to catalyze markets to improve the environment, and this transaction is a perfect example of the important contributions voluntary carbon market participants make towards that objective.”  

ºÚÁϳԹÏÍø 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 delivers electricity to 2.7 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 15,000 employees.

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Entergy’s online address is www.entergy.com.

Twitter: @EntergyMedia

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