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Protesters Ask Dominion Shareholders to Invest More ... in Clean Energy

April 27, 2007

Boston, MA - A group of environmental watchdogs hopes to "clear the air" with the state's top greenhouse gas emitter at its annual shareholders meeting this morning. They're urging Dominion Resources to invest in clean energy. Protesters will be outside, and a handful of environmental representatives got clearance to attend the meeting inside the Intercontinental Boston Hotel. Katy Krottinger, from Clean Water Action, says investing in clean energy won't only reduce pollution, it will reduce liability for Dominion's shareholders.

“I'm going to ask why they haven't begun to invest in clean energy technology when it's so evident that so many people want green technology, and it would be so much better for their shareholders.”

Dominion owns the two highest-polluting plants in Massachusetts, at Brayton Point and Salem Harbor. The Virginia-based company says both plants operate within state and federal regulations.

Joshua Lowe, from Sierra Club Virginia, says companies all over are cleaning up their act in their own best interest, including utility giant TXU.

“TXU is the third largest utility in the country. It has scrapped plans to build eight coal-fire power plants and instead make massive investments in energy efficiency. That's the type of thing that Dominion should be doing.”

Jane Bright, from Healthlink, has negotiated with the past three owners of the Salem Harbor plant. She says it will get harder and harder for Dominion to sell dirty energy as other companies go clean.

“If they have the reputation of being obstinate and polluting and not responsive to public opinion, then they're going to have a very tough time.”

The protest begins at 8:45 a.m., followed by the shareholder meeting at 9:30 a.m.

Kevin Clay/Chris Thomas, Public News Service - MA