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MIRANT TO FUND AT LEAST $50 MILLION IN CLIMATE CHANGE INITIATIVES

09/24/2001 
Oxy-Fuel News 
(c) 2001 Phillips Business Information, Inc. 
Atlanta-based energy provider Mirant will fund at least $50 million in initiatives to help find solutions to global climate change, it announced recently. The investment, which will be made over 10 years, is one of several projects outlined in the company's first annual environmental report. 
"This funding is a further investment in the development of a progressive environmental program that can benefit the global community in which we operate," said Mirant President and CEO Marce Fuller. 
Mirant's environmental report outlines the company's commitment to fund climate change initiatives, including greenhouse gas (GHG) mitigation projects to help offset its CO2 emissions, such as carbon sequestration projects. The company will also fund research develop less carbon- intensive generation technologies. 
Additionally, renewable energy will play an important role in meeting global energy the company will pursue opportunities to develop and invest in renewable generation projects. "Mirant expects that Europe offers many of the best opportunities for investment in renewable energy given the targets set by several European Union countries to increase their share of renewables," said Barney Rush, CEO of Mirant's European business group. 
Mirant's environmental report also features several environmental initiatives the company has developed, including establishment of environmental performance indicators to set improvement targets and measure performance and a commitment to develop air emissions reduction goals. 
 

Stacey Bolton
Environmental Strategies
Enron Corp
713-853-9916 direct 
713-303-2632 cell 
sbolton@enron.com <mailto:sbolton@enron.com>
 

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Subject:	Environmental News: Global Warming: MIRANT TO FUND AT LEAST $50 MILLION IN CLIMATE CHANGE ...

MIRANT TO FUND AT LEAST $50 MILLION IN CLIMATE CHANGE INITIATIVES

  Atlanta-based energy provider Mirant will fund at least $50 million in
initiatives to help find
solutions to global climate change, it announced recently. The
investment, which
will be made
over 10 years, is one of several projects outlined in the ...

Published by: Oxy-Fuel News
Date: 09/24/2001
Word Count: 218
Relevance Score on Scale of 100: 82
Folder Name: Environmental News: Global Warming

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