Statement From First Wind Regarding EPA Rules About Carbon Emissions
First Wind, an independent U.S.-based renewable energy company, today commended efforts by the US Environmental Protection Agency (EPA) to reduce carbon emissions from power plants. First Wind’s CEO Paul Gaynor issued the following statement:
“We applaud the EPA for giving individual states several good options for making crucial pollution reductions. We know from firsthand experience that building more wind and solar power facilities have proven to be the fastest, cleanest and cheapest way to replace dirty power plants and combat climate change.
“We hope that these new EPA rules underscore that we have a chance right now to make long-term decisions to lock in affordable power with clean, renewable energy for decades to come.
“Renewable power isn’t only clean – it’s competitively priced. Our customers are already saving millions of dollars by buying wind and solar electricity, and stand to save millions more in the near future. Renewable energy isn’t subject to the price fluctuation that fossil fuel-based power is, meaning that the cost savings will last for years to come.
“In just a few years, wind power has become one of the fastest growing sources of electricity, while the cost for wind power has dropped 42 percent since 2009.
“Clean energy and economic opportunity are not partisan issues and I hope Congress and the President can work together to encourage further growth of clean, emissions-free renewable energy that is poised to be delivered to even more homes and businesses at a good price.”
About First Wind
First Wind is an independent renewable energy company exclusively focused on the development, financing, construction, ownership and operation of utility-scale renewable energy projects in the United States. Based in Boston, First Wind is operating or building renewable energy projects in the Northeast, the West and Hawaii, with combined capacity of nearly 1,300 megawatts (MW) – enough to power more than 375,000 homes each year. For more information on First Wind, please visit www.firstwind.com or follow us on Twitter @FirstWind.
Copyright Business Wire 2014