Natural Gas Power Plants

Gas Companies Face Californian Wipe-out, Say S&P, Moody’s

Read time: 3 mins
Surfers wiping out

By , Climate Home News. This article originally appeared on Climate Home News.

Gas companies in California face credit downgrades, ratings agencies say, after the state pledged to get all of its power from renewable sources by 2045.

On September 10, California governor Jerry Brown signed a bill which would require 100 percent of the state electricity’s to come from carbon-free sources.

That would have no immediate effect on most gas generators, according to a report by Standard & Poor’s (S&P) analyst Michael Ferguson this month. However, he said: “We believe that over the long term, with the growth of renewable energy, these utilities face a significant threat to their market position, finances, and credit stability.”

Under Scrutiny for Astroturfing Campaign, Entergy Takes Heat for Missed Clean Energy Goals and Power Outages

Read time: 8 mins
Site where Entergy Plans to build a natural gas power plant in New Orleans East

At a June 28 meeting, New Orleans regulators put the city’s public utility Entergy in the hot seat over increasing power outages and slow progress on clean energy goals. City councilmembers showed little patience for the embattled company, which currently is under investigation for its role in paying actors to show support for its proposed $210 million natural gas power plant, approved by the council on March 8.

Company Behind Proposed Natural Gas Power Plant in New Orleans Tied to Astroturfing Campaign

Read time: 5 mins
Protesting Entergy's New Orleans natural gas power plant

Entergy New Orleans, the company that recently won approval to build a controversial $210 million natural gas power plant in the city, confirmed that actors were paid to show support for this project at public meetings. Though Entergy claims it was unaware of the situation, a public relations firm it hired had paid freelance actors to testify in favor of the project at public meetings. 

New Orleans Approves Natural Gas Power Plant Despite Environmental Racism and Climate Concerns

Read time: 9 mins
Opponents of Entergy's proposed natural gas power plant pack the March 8 New Orleans City Council meeting

Despite hearing over four hours of public comments mostly in opposition, New Orleans City Council recently approved construction of a $210 million natural gas power plant in a predominantly minority neighborhood. Entergy is proposing to build this massive investment in fossil fuel infrastructure in a city already plagued by the effects of climate change. 

Choosing a gas plant over renewable energy options flies in the face of the city’s own climate change plan and the mayor’s support for the Paris Climate Accord, said several of the plant’s opponents at the heated meeting when City Council ultimately voted to approve the plant.

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