Sierra Club wants KCP&L to Report on Cost of Emissions Tax

1 decade 1 year 9 months ago Friday, November 17 2006 Nov 17, 2006 Friday, November 17, 2006 8:00:43 PM CST November 17, 2006 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
COLUMBIA - An environmental group wants the parent company of Kansas City Power and Light to report how much a tax on carbon dioxide emissions would cost the company. The Sierra Club claims KCP&L emits more than 20 million tons of CO2 per year. And it says the company should inform shareholders because a national carbon tax would likely be passed on to rate-payers. Carbon dioxide is a byproduct of the utility's coal-fired power plants. The Sierra Club owns enough shares of Great Plains Energy to file a shareholders resolution asking for the report. A spokesman for the utility says a carbon emissions report has been in the works for some time. It is part of a comprehensive environmental analysis due out by the end of the year.

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