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Harvard is the largest single stockholder in Middle South Utilities Inc., a holding company that owns Arkansas Power and Light (AP&L), the company planning to build the 2800-megawatt coal-burning plant...
ACORN is trying to stop Arkansas Power and Light, a subsidiary of Middle South Utilities, from building a 2800-megawatt, coal burning plant that it says would emit large amounts of sulfur dioxide, causing damage to nearby crops...
Harvard finds itself in the midst of this environmental dispute. The University owns 561,000 shares of stock in Middle South Utilities, currently valued at $9.95 million. Arkansas Power and Light Co., a wholly-owned subsidiary of Middle South, plans to build a 2800-megawatt, coal-fired power plant on the banks of the Arkansas River...
...power plant is going to be a 2800 megawatt facility. It will burn 27,400 tons of coal each day, and release into the nearby air (according to AP&L's estimates) 469 tons of sulfur dioxide, 14 tons of particulate matter, and 291 tons of nitrogen oxides each day. That's more than any power plant currently in operation in the United States. The power plant will be, according to the Arkansas State Dept. of Planning, "possibly the worst single source of air pollution in the world." It will certainly be a greater source of pollution than the infamous...
...consortium's largest single shareholder, Harvard has the power and the authority to influence Middle South's decisions on a controversial, 2800-megawatt, coal-burning power plant that Arkansas Power and Light, a Middle South subsidiary, wishes to inflict upon the Arkansas River, the air and the agricultural community near White Bluffs...