Northam announces coal ash clean up agreement
Gov.
Officials said the plan would cost the average residential customer no more than
Dominion, the state's most politically powerful corporation, said it supported the agreement in a brief statement. The company did not elaborate on why it was changing positions after years of insisting that leaving the coal ash ponds in place and putting a cover over them was safe, economical, and the best available option.
Environmentalists have long argued that unlined coal ash presented an unacceptable hazard. They cheered the deal as a big win for
"Dominion is stepping out in front and that's encouraging, but Dominion is just one of many," said
Last year, the Trump administration eased rules for handling toxic coal ash after utilities pushed back against regulations adopted under former President
Data released by utilities last year under an Obama-era EPA mandate showed widespread evidence of groundwater contamination at coal plants. Heightened levels of pollutants — including arsenic and radium in some cases — were documented at plants in numerous states, including
A 2008 spill in
A federal investigation found Duke allowed coal ash dumps at five power plants to leak toxic waste into water supplies. Duke pleaded guilty, agreeing to pay fines and restitution.
"We can't afford an environmental disaster in
The agreement has broad support from a number of key lawmakers, including GOP House Speaker
But there is still opposition. Democratic Del.


AM Best Revises Issuer Credit Rating Outlook to Stable for Trans-Oceanic Life Insurance Company
Digital insurance broker Mylo announces $28M funding
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Foresters Financial appoints Tom Ross as chief distribution officer for U.S. annuity sales
- Symetra and TIAA Announce Launch of Mariner Re
- Jackson Launches Suite of Fixed Index Annuities Focused on Accumulation
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
More Annuity NewsHealth/Employee Benefits News
- NC's State Health Plan taps retiree funds amid cash crisis, reaches deal with Atrium Health
- Study: Colorado’s Medicaid covers more services than private insurance
- Studies from Northwell Health Describe New Findings in Managed Care (The Relative Value Scale Update Committee: Understanding How Dermatologists’ Work Is Valued): Managed Care
- Hofstra University Details Findings in Managed Care (A University and Community Partnership to Address Diaper Insecurity Among Infants in Suburban Communities Through Home Visiting Services): Managed Care
- Reports Outline Managed Care Study Results from Brown University School of Public Health (Organizational Perspectives on Access to Care Among Persons With End-Stage Kidney Disease After Enrollment in Medicare Advantage): Managed Care
More Health/Employee Benefits NewsLife Insurance News