More at Zennie62.com | Follow me on Twitter! | Get my widget! Right on the heels of the passage of the landmark American Clean Energy and Security Act , which establishes a kind of "cap-and-trade" system for greenhouse gas emissions, we have a project I'm excited about as it will be the first power plant in America designed with a federal greenhouse gas limit. It's called the Russell City Energy Center and will be constructed in Hayward, California. The facility is slated to employ 650 people and generate a one time tax revenue of $30 million and an annual revenue of $6 million for the City of Hayward, according to the website for the proposed facility. What's exciting about the development that we're finally seeing a project that languished in development hell since 2001 finally see the light of day under the Obama Administration and the new act. The act calls for modernization of the electric grid; this is a brand new power plant. It calls for...
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