Tag: Office Of Just Transition
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Colorado Office of Just Transition announces $150,000 grant to study hydroelectric project in Moffat County
The Colorado Office of Just Transition, tasked with addressing the economic impacts of coal mine and coal powerplant shutdowns, announced a $150,000 grant to study the socioeconomic impact of a proposed $1.5 billion pumped storage hydropower project southeast of Craig, according to a news release. This grant is part of the state’s attempt to economically…
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Settlement to close Xcel Energy’s remaining coal plants by 2031 nears approval
A settlement is nearing approval that would speed up Xcel Energy’s transition away from coal and shut down its remaining coal-fired power plants by 2031. In an agreement with 16 parties, including Denver, Pueblo and a host of individual companies and organizations, Xcel agreed to shut down the following coal power plants: Craig Unit 2 in…
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Colorado House passes bill that would help communities affected by coal plant closures
The Colorado House passed legislation Thursday that would direct $15 million from the state’s general fund to the Office of Just Transition, which was created to try to lessen the economic and social effects of the closure of coal power plants and mines across the state. House Bill 22-1394, which was approved 51-12, would transfer the funds…