COVANTA EXPANSION ON HOLD
http://stopcovantahempstead.wordpress.com/2010/07/29/covanta-expansion-on-hold/
Covanta has decided to postpone its expansion of the Westbury, New York State, plant, citing economic reasons for the delay.
Covanta has decided to postpone its expansion of the Westbury, New York State, plant, citing economic reasons for the delay.
Covanta advised that the factors involved were low tipping fees, a tax break from the Town of Hempstead was not as favorable as thought, and the rate it could charge National Grid for power was not as high as predicted.
As a result, and also because the State is putting pressure on the local governments on Long Island for increased recycling, the Covanta project has been put on hold.
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Read more on Covanta in New York State here
http://stopcovantahempstead.wordpress.com/
http://stopcovantahempstead.wordpress.com/2010/07/29/covanta-expansion-on-hold/
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