SALEM, Mass. -- Massachusetts environmental officials have signed off on all the state and local permits and approvals needed for construction of a proposed 692-megawatt natural gas-fired power plant at the site of the existing Salem Harbor Station.
The approvals come after plant owners Footprint Power and an environmental group settled a legal dispute this week that will allow the $800 million project to proceed.
Under the settlement with the Conservation Law Foundation, the Bridgewater, N.J.-based company agreed to reduce greenhouse gas emissions annually over the life of the plant to meet the goals of a state law aimed at addressing climate change.
Footprint also agreed to shut the plant by the end of 2049.
The settlement makes Footprint the nation's first gas-fired plant to be approved with such stringent environmental provisions.
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