Entergy Announces Environmental Initiatives Funding
Entergy Corporation (NYSE: ETR) is casting a broad net to identify environmental improvement projects to support through its shareholder-funded Environmental Initiatives Fund. Entergy is partnering with American Carbon Registry and America’s Wetland Foundation to get the word out to a broad array of potential project partners.
Entergy is looking primarily for projects that provide registered greenhouse gas offsets, offer the development of innovative solutions to climate change impacts, or target coastal and wetlands restoration.
Qualification requirements can be requested by providing your contact information and an email address to EIF@entergy.com. Proposals must be submitted by midnight March 29, 2013.
“As Entergy reflects on a century of service,” said Chuck Barlow, Entergy’s vice president of environmental strategy and policy, “we are not only looking back at what has been accomplished but also looking forward. We want to continue to plant the seeds of a resilient and sustainable future.”
Entergy’s past support has resulted in wetlands restoration in Louisiana, reforestation in Mississippi and Arkansas, solar panels for a New Orleans YMCA, and a pilot program of 17 electric vehicle charging stations on four Texas college campuses and elsewhere in Entergy’s service territory. In 2012, Entergy’s funding also supported the development of a first-of-its-kind methodology that allows the calculation, verification, and marketability of carbon sequestration benefits from coastal wetlands restoration – a protocol that now has been approved by the American Carbon Registry.
Entergy Corporation, which celebrates its 100th birthday this year, is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including more than 10,000 megawatts of nuclear power, making it one of the nation’s leading nuclear generators. Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $10 billion and approximately 15,000 employees.
The non-profit American Carbon Registry (ACR), an enterprise of Winrock International, is a leading carbon offset program recognized for its strong standards for environmental integrity and transparency. Founded in 1996 as the first private GHG registry in the world, ACR has over fifteen years of unparalleled experience in development of rigorous, science-based carbon offset standards and methodologies as well as operational experience in the oversight of high quality offset project verification, registration, offset issuance, serialization and transparent on-line transaction and retirement reporting. ACR has set the bar for transparency and integrity that is the market standard today and continues to lead carbon market innovation.
The America’s WETLAND Foundation (AWF) serves as a respected Gulf Coast voice for preserving the economic, environmental, energy and community assets of the region. By providing a balanced, innovative forum for consensus building, the Foundation develops sustainability solutions for America’s Energy Coast. The nation’s dependency on the Gulf’s natural and economic resources allows AWF to pursue a strategic agenda that builds public support for coastal restoration and shoring up vulnerable landscapes. The Foundation and its Gulf Coast resiliency initiatives are supported by a growing coalition of world, national, state and local business, civic, academic and NGO leaders, and have earned the bipartisan support of hundreds of elected and administrative officials who view a secure Gulf region as vital to economic growth.