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Bank Of America Investment The Bush administration's proposal to cut pollution from coal-burning power plants received a lukewarm welcome yesterday in Cleveland. Environmental and political groups criticized the plan that U.S. Environmental Protection Agency chief Mike Leavitt announced to nearly 100 people at Burke Lakefront Airport.

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Investment Opportunity The proposal calls for power plants to phase-in air pollution cuts by 2018. Leavitt said it would be the largest reduction in air pollution in a decade and the single largest investment by power plants in air pollution cleanup.

Substantial investment has been ploughed into the resort and ski area over the past few years and more is planned, 08.

Banc Of America Investment "This is a major step forward," Leavitt said.

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Banking Investment But environmental and political groups see it as a step backward. The proposals will only allow power plants to continue to pollute longer, they said.

If Mills is not selected by the Sports Authority, the Arlington, Va.-based real estate investment trust said it plans to press its campaign to develop the Empire Tract, a project opposed by environmentalists.

Investment Solution Strategic "It's a shame that instead of enforcing the current laws, they are making it easier for power plants to continue to pollute," said Jennifer Lenhart, conservation organizer for the Sierra Club's Cleveland office.

"Ten years to design a fish screen is a little ridiculous, " said Steve Pedery, a spokesman for WaterWatch of Oregon. "NASA can design satellites in less time than that." Plans Chronically Late, Activists Say Environmentalists also say the U.S. Bureau of Reclamation has been chronically late in delivering assessments of its annual operational plans, day window for study by federal biologists. Over the last two years, environmental groups have launched or threatened lawsuits to accelerate delivery of the plans.

Investment Banking Services The EPA proposal will undermine Clinton-era efforts to reduce mercury emissions, delay the most stringent requirements until 2018 and do nothing to alleviate "hotspots" - pockets of high levels of airborne mercury pollution, said Tony Welch, spokesman for the Democratic National Committee.

Bank Investment The rules would put a yearly cap on how much mercury and nitrogen oxide plants could emit and lower the sulfur dioxide emissions.

Alternative Investment Burning coal releases sulfur dioxide, which helps create tiny particles in the air that cause lung ailments and create acid rain. It also releases nitrogen oxide, which is part of the pollution that creates ground-level ozone on hot days and contributes to creating fine particles.

Online Investment Services The government proposed cuts in sulfur dioxide and nitrogen oxide as a way to address pollution crossing state lines.

Accompany Essential Investment Ohio has 34 counties that do not meet new federal ozone standards. Nationally, there are 534 counties. This new federal rule would help states lower ground-level ozone, Leavitt said.

Investment Company Burning coal also releases mercury, which is toxic and can cause brain damage.

Investment Management Solution The EPA is proposing two methods to control mercury. One would cut mercury pollution 29 percent by 2007 through uniform reductions at every plant. The other proposal would cut mercury emissions by 70 percent, from 48 tons yearly to 15 tons by 2018 through a cap-and-trade program.

Investment Management Services Leavitt said a 2007 deadline is unrealistic because mercury-removal technology must evolve.

Guide Investment Stock Instead, the government wants to give incentives to power plants to make the reductions but not reign them in by stipulating how to do it, Leavitt said.

Investment Manual Solution By John C. Kuehner
Cleveland Plain Dealer - 12/17/2003

Topic: Air Pollution

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