Austin Needs to Get Serious About Quitting Coal
Ask the Austin City Council to Make the Retirement of the Fayette Coal Plant a Reality
The plan that the Austin City Council adopted for Austin Energy in 2014 includes a commitment to retire Austin Energy's portion of the coal-fired Fayette Power Project by 2023. However, nothing has been done to ensure that commitment will be met.
Austin Energy still has debt that is tied to the Fayette coal plant, and Austin Energy staff says that debt must be paid off for the plant to be retired. Otherwise, Austin Energy will be paying off the Fayette debt until 2046 and the coal plant will keep running. So, we’re asking the Austin City Council to begin setting money aside in a special fund for just that purpose.
Austin has set ambitious climate goals that can be met only by ending our use of coal. Fayette is Austin’s biggest source of greenhouse gas emissions – not to mention other air and water pollution. It’s time to make retiring the Fayette coal plant a priority by including it in our city's budget.