News Tagged ‘Tom Kilgore

Turner calls coal ash storage a ‘godsend’

Alabama County Commissioner Albert Turner, Jr. says last year’s disastrous coal ash spill from a Tennessee Valley Authority (TVA) coal-firing plant that destroyed homes, damaged property and contaminated nearby waterways turned out to be a “godsend” for the poor, black community he represents – an economic boon “unseen since the state of Texas struck oil.” Perry County, Ala., is receiving shipments of coal ash recovered from the east Tennessee spill site and storing it in a landfill. Not only is the county receiving millions of dollars in storage fees, the work has generated several dozen new jobs for people in the area. “I sleep well knowing we’ve got coal ash in the ground and cash in the bank,” Turner said.

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TVA CEO still well paid after salary reduction

The massive coal ash spill from the Tennessee Valley Authority (TVA) coal-burning plant in Kingston, Tenn., that blanketed nearby community last year with toxic material has resulted in a 43 percent cut in pay for TVA CEO Tom Kilgore. In its year-end financial report, Kilgore was paid $1.5 million in the fiscal year that ended September 30, nearly $1 million less than what he was paid the year before.

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TVA executives will not receive raises, performance bonuses this year

Top executives at the Tennessee Valley Authority (TVA) have been told not to expect their hefty performance bonuses this year because of lagging electricity sales from a weak economy and the massive coal ash spill that has drained the utility of more than a $1 billion. The utility’s CEO banked more than $1 million in bonuses for fiscal year 2008, and the nine executives who answer to him took home a combined $1.2 million. Those executives and some 3,300 other managers and specialists at the TVA were also told not to expect any raises for fiscal year 2010 unless they are promoted within the company.

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Congressional committee to ask ‘why’ coal ash spills occur

A congressional committee will focus on why a large Tennessee Valley Authority (TVA) coal ash impoundment failed last December, which resulted in one of the largest environmental disasters in U.S. history, according to News Channel 5. The breach caused more than a billion gallons of coal ash sludge to spill on to 300 acres of an east Tennessee community, destroying homes and damaging property in its wake. Coal ash contains dangerous toxins such as arsenic and lead which can contribute to serious health problems such as cancer, liver damage and neurological problems.

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TVA calls coal ash spill disaster a ‘catastrophe’

Nearly two months after a coal ash pond in Kingston, Tennessee, failed and poured 1.1 billion gallons of toxic material onto 300 acres of a rural east Tennessee community, the Tennessee Valley Authority (TVA) finally admits it wishes it could have handled its responses differently, the Associated Press reported.

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TVA cuts incentive programs for all employees

Tennessee Valley Authority (TVA) employees from the highest ranking officers to the bottom-level employees will not receive annual incentive awards for the fiscal year in anticipation of increased expenses and plummeting revenues, according to a memo issued by the TVA and reported by Chattanooga, Tennessee’s WRCB-TV.

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TVA announces changes to ensure proper handling of coal ash spill

In the midst of a massive, $1 million-a day-cleanup effort and under the threat of numerous lawsuits, the Tennessee Valley Authority (TVA) today announced organization changes and staff assignments “to ensure the effective, long-term management of the recovery effort at Kingston Fossil Plant,” according to the Chattanoogan.

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