Clean Power Plan could create boom in Tenn. Valley tech industry
TENNESSEE VALLEY (WAFF) - In the past several years, utility companies have started to move away from coal, opting for cheaper natural gas.
But this has not come without great expense.
On Monday, President Obama's Clean Power Plan highlighted the government's commitment to renewable energy, and
showed power companies that they will profit from their investments.
"TVA has made more than 30 percent reduction in CO2 admission since 2005 baseline and we're poised to make additional cut over the next 20 years," said Kristine Cooper with the TVA.
Daniel Tate, with the Alabama Center for Sustainable Energy, says there's still a lot of unknowns surrounding President Obama's plan, like, what will this mean for your electric bill?
"Until we really learn about what the state of Alabama will be able to do at the state level we don't necessarily know a whole lot just yet for local consumers or local residents."
However, he sees the plan as an opportunity for growth in the tech industry in the Valley.
"If we're looking at technological development in these industries, it could be a huge boom for our area to really try and take advantage of that," said Tate.
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