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Jan. 20, 2008 Boycott of Power Companies For original article, click here. Groups coordinating the boycott are calling for a redirection of public energy policy that will lead away from increased energy consumption and new polluting coal and nuclear plants. The boycotting ratepayers are promoting policies to create meaningful economic incentives for people to reduce energy consumption, to invest in the smart use of power through energy efficiency, to become more conservation conscious and to invest in independent renewable energy systems such as solar electric, solar hot water and wind energy systems to meet future energy demand. DOWNTOWN ASHEVILLE VIGIL Friedman explains, "We're targeting Duke Energy and Progress Energy in this boycott, because, not only are these energy corporations planning to build new coal and nuclear plants, but they are using their financial and political power to influence public policy in a counter-productive manner. Last month they lobbied heavily in Congress to successfully defeat a minimal national Renewable Portfolio Standard for public utilities that would have required a small percentage of their power to be produced from renewable resources. In North Carolina, utility funded political action committees flooded legislative candidates with 1.7 million dollars in campaign contributions over the last two election cycles to pass laws favorable to the industry, but to the detriment of public health and the environment." Mary Olson, Southeast Regional Coordinator for Nuclear Information and Resource Service supports this coordinated action and intends to spread the Boycott to many communities that are faced with new nuclear or new coal power plants. Olson will be traveling in Florida this month where six new nuclear power reactors are being developed and will enlist community participation in the Boycott plan there as well. Many Floridians are Progress Energy customers. Among the measures that passed in the 2007 NC legislative session was a provision to allow utility companies to charge ratepayers for construction work in progress (CWIP) on new coal and nuclear power plants, a practice that had been banned since 1982, when utility customers were charged millions of dollars for three nuclear plants that were never completed. "CWIP removes the financial risk of building new power plants from utility company share-holders, placing it on the shoulders of rate-payers, while easing the way for new construction, whether or not it's advisable," says Friedman. "As part of the boycott we'll also be asking people to divest from corporations, banks and other lending institutions that have major investments in the construction of new coal and nuclear power plants. We expect the first demonstration, on January 20, to be relatively small, but significant. But, we will be working for it to grow quickly as more community groups, consumer groups, civil rights organizations, members of the scientific and medical communities, the academic community and all people of conscious begin to understand what we're doing and join in the effort." For more information visit the following websites: Mountain Voices Alliance, www.mvalliance.net; Nuclear Information and Resource Service, www.nirs.org.
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