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International Paper Ticonderoga facility gets $2.8 million to reduce carbon emissions
NEW YORK (From news reports) -- International Paper in Ticonderoga has received $2.8 million and recognition from the state for its work to reduce its carbon footprint. Gov. Andrew Cuomo announced on June 7 the company was one of the first winners of the Commercial and Industrial Carbon Challenge, a program that requires companies to commit to reducing carbon emissions. International Paper will use the money to create a turbine generator, optimize its power boiler and recover steam at its mill. The projects are expected to reduce the company's emissions by 225,000 tons, about the same as taking 3,200 cars off the road a year, according to the New York State Energy Research and Development Authority. The projects must be completed by 2021. "At International Paper, we strive to leave everything in better shape for future generations," said Mike Amick, senior vice president, in a news release. Recycled Energy Development, a company out of Rochester, was also awarded money and recognized as part of the program, which launched in May last year. Overall, the state is devoting $15 million to the project through its consolidated funding application process. Awards range from $500,000 to $5 million.
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