- Associated Press - Wednesday, February 19, 2014

SALEM, Mass. (AP) - The developers of a proposed natural gas-fired power plant and Salem and an environmental group have settled a legal dispute that will allow the $800 million project to proceed.

Under terms of the settlement with the Conservation Law Foundation, Footprint Power LLC of Bridgewater, N.J., 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.

Footprint President Scott Silverstein said the carbon emissions requirements reflected the company’s commitment to the environment.

The Conservation Law Foundation called the deal groundbreaking.

The 630-megwatt plant is replacing the coal-fired Salem Harbor Power Station, which is slated to shut down by May 31.

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