AEP - 2005 Climate Protection Award Winner
The United States Environmental Protection Agency (U.S. EPA) honored the extraordinary accomplishments of individuals and organizations, such as American Electric Power, that have made significant contributions to protecting the environment. Winners of the 2005 Climate Protection Awards were announced on May 4, 2005. Since the early 1990s, American Electric Power (AEP), the largest generating company and consumer of coal in the United States, has developed and implemented a broad portfolio of actions to reduce, avoid or sequester greenhouse gas emissions. Between 2003 and 2006, American Electric Power (AEP) will reduce or offset a cumulative 10 percent of its total greenhouse gas emissions, preventing approximately 18 million cumulative tons of carbon dioxide. AEP has reduced SF6 emissions from 1999 emissions of 19,778 pounds (a leakage rate of 10 percent), to 2003 emissions of 12,929 pounds (a leakage rate of 4 percent). AEP is one of the largest wind generators and plans to almost double the amount of wind generation produced or purchased by the company by 2006. In addition, AEP has had a successful biomass pilot project at its Picway Plant near Columbus, Ohio. AEP is participating in forest conservation and reforestation projects that are helping to sequester millions of tons of carbon, and supports conservation and reforestation projects in Bolivia, Brazil, and the United States that will offset 29.8 million metric tones of CO2 over the next 40 years. AEP has contributed more than $25 million to terrestrial sequestration and reforestation, $600,000 to reforestation organizations, and is a founding member of PowerTree Carbon Company, a US-based voluntary carbon sequestration consortium. AEP is also a participating member of UtiliTree Carbon Company, a consortium of 41 utilities that invest in forestry projects that manage greenhouse gases.