The Environmental Protection Agency’s final plan for reducingsmog-causing emissions of nitrogen oxides (NOx) in 22 easternstates and the District of Columbia should create an additional 1Tcf of gas demand by 2003, said Bruce Craig of the Natural GasSupply Association.
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EPA Calls for 28% NOx Reduction by 2007
Natural gas should be a big winner as a result of theEnvironmental Protection Agency’s final plan for reducingsmog-causing emissions of nitrogen oxides (NOx) that was releasedyesterday. The plan calls for a reduction of 1.1 million tonsannually, or 28%, in 22 eastern states and District of Columbia by2007. States clean air plans come due in September 1999 and neededcontrols must be in place by 2003.
Fitch Gives Columbia High Marks
Columbia Energy Group received high marks from Fitch IBCA, theinternational debt rating agency, for significant progress sinceemerging from bankruptcy in 1995. “Columbia exhibits a stablefinancial profile and favorable qualitative operatingcharacteristics,” Fitch said in upgrading the company’s $2 billionoutstanding debentures two notches to A from BBB+ and raising its$850 million commercial paper program F1 from F2.
FERC Opens Three New Offices
FERC Chairman James Hoecker has announced the start-up of threenew offices, created as a result of the agency’s on-goingrestructuring.
EPA Questions Alliance NGLs
The U.S. Environmental Protection Agency has found some missingelements in the draft environmental impact statement (DEIS)prepared by the Federal Energy Regulatory Commission on theAlliance Pipeline project which is in competition with Voyaguer tocarry western Canadian supplies to the Chicago area.