The Tennessee Chamber of Commerce & Industry has hired Amy Arnold Martin to serve as associate vice president of environment and energy.
Martin, a graduate of Carson-Newman College, will handle the chamber’s legislative and policy initiatives in those two sectors. Martin comes to the chamber from the Tennessee Valley Authority, where she was responsible for overseeing relationships with public officials in Middle Tennessee, including working with members of the Tennessee General Assembly.
“Amy understands policy and the role business plays in our legislative process and will continue our strong tradition at the chamber of dedicated leadership,” said Chamber President Catherine Glover. “Her deep knowledge and expertise in environmental and energy programs, coupled with her legislative acumen is an asset to the business community in Tennessee.”
Martin has in the past also worked as a policy advisor to the federal co-chair of the Appalachian Regional Commission, where she oversaw the development of rural economic and community development policy initiatives, and as the legislative liaison for the Tennessee Department of Commerce and Insurance.
Tom Kilgore, TVA first president and CEO, has announced his retirement. TVA officials said Thursday the board of directors is retaining an executive search firm to identify candidates to succeed Kilgore, who joined TVA in 2005. Kilgore will continue to serve TVA, the country's largest public power utility, until completion of the search process and a successor is hired.
The Tennessee Valley Authority is $5 billion away from its federally mandated debt ceiling, but the utility's managers aren't waiting to get any closer before doing something. Blake Farmer reports on their plans to sale and lease back some power plants, starting with a natural gas facility in East Tennessee.
The Tennessee Valley Authority is approaching its $30 billion debt limit and so is asking the federal government for permission to borrow more money. The utility, which just agreed to a pollution settlement with the EPA, said it will have to raise rates if it can't add more debt. WPLN has the story.
The Tennessee Valley Authority has agreed to pull from service 18 old coal-fired power plant units in Tennessee and North Alabama as part of a broader settlement with the Environmental Protection Agency that calls on the utility to improve the region's air quality. As part of that settlement, Tennessee will receive a $26.4 milion check to apply to energy conservation, alternative energy and pollution reduction projects. And that, says Gov. Bill Haslam, will help us recruit new businesses.
“This agreement is important in not only making our air cleaner, but it also helps to provide predictability for TVA and its commercial users,” Tennessee Gov. Bill Haslam said. “This certainty will assist in economic development efforts in the state and region and is a complement to our efforts in making Tennessee’s business climate as attractive as possible.”
"Electricity as a transportation fuel can benefit the environment by reducing greenhouse gas emissions, and it can save consumers money by lowering their driving costs," said Anda Ray, TVA senior vice president of Environment and Technology. "These all-in-one charging stations are important to the development of electric vehicles and also to TVA's goal to provide cleaner, low-cost energy."
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