Filthy Five

AAA

DEFINITION of 'Filthy Five'

A series of power plants located in Massachusetts. The Filthy Five are five plants that were constructed before 1977, and are therefore exempt from modern pollution laws. These plants emit several times the amount of pollution created by modern plants.

INVESTOPEDIA EXPLAINS 'Filthy Five'

The Filthy Five are exempt from modern pollution regulations because they were grandfathered in under the old laws. They produce large amounts of sulfur, carbon dioxide, nitrogen dioxide and mercury. The governor of Massachusetts came under political pressure to do something about these plants and issued an edict requiring them to adhere to modern pollution regulations.

RELATED TERMS
  1. ISO 14001

    One of the subsets of ISO 14000. ISO 14001 pertains specifically ...
  2. ISO 9000

    A series of international guidelines for quality control. ISO ...
  3. ISO 14000

    A set of rules and norms for environmental management of industrial ...
  4. Original Equipment Manufacturer ...

    1. The original definition: a company whose products are used ...
  5. Whoops

    Slang for the Washington Public Power Supply System (WPPSS), ...
  6. Factors Of Production

    An economic term to describe the inputs that are used in the ...
RELATED FAQS
  1. Is the high cost of installing solar panels justified by the money saved by going ...

    In favorable locations and under suitable conditions, homeowners can recuperate the cost of installing solar panels. The ... Read Full Answer >>
  2. If my home runs power off the grid, what is the specific environmental impact?

    Running a solar-powered home with energy that is natural or off the grid has several environmental benefits. By using solar ... Read Full Answer >>
  3. What businesses would benefit from more people going off the energy grid?

    Companies that stand to benefit from a shift to off-the-grid living include those that sell alternative energy materials, ... Read Full Answer >>
  4. How can I make my home run on energy that is 100% off the grid?

    Taking your home off the grid can be an exciting process that results in money saved annually and a sense of accomplishment ... Read Full Answer >>
  5. How do business ethics differ from industry to industry?

    The system of moral and ethical beliefs that guides the values, behaviors and decisions of a business organization and the ... Read Full Answer >>
  6. Which types of industries have the largest capital expenditures?

    Capital expenditures are major purchases, such as facilities and equipment, that companies make to maintain or expand their ... Read Full Answer >>
Related Articles
  1. Economics

    Save The Earth: Become A Capitalist

    Who says that capitalism and environmentalism have to be mutually exclusive?
  2. Economics

    Carbon Trading: Action Or Distraction?

    These credits claim to allow buyers to reduce their carbon footprints. Find out how.
  3. Economics

    What Does It Mean To Be Green?

    Green investing is the new buzz word for companies and investors. Find out what it means.
  4. Options & Futures

    Top 10 Green Industries

    Put a little green in your wallet by investing in these growing areas.
  5. Fundamental Analysis

    For Companies, Green Is The New Black

    Sustainability and reducing environmental impact are hot corporate objectives. Find out why.
  6. Investing

    Pockets Of Value In The Stock Market

    U.S. stocks benefited from signs the Fed’s path toward higher interest rates, as well as from continued merger-and-acquisition activity on of low rates.
  7. Economics

    Ending The Limits On U.S. Crude Oil Exports

    As US storage capacity reaches its limit, industry participants and their lobby groups in Washington are calling for an end to the crude oil exports ban.
  8. Investing News

    Green Technology: A Solid Investment Choice?

    With global investing in green energy on the rise, there are abundant opportunities for environmentally responsible, financially sound investments.
  9. Active Trading Fundamentals

    Where And How To Trade Energy Stocks

    Energy futures set a high bar to entry for individual traders and investors, redirecting exposure into sector equities and exchange-traded funds.
  10. Professionals

    Is it Safe to Invest in MLPs Again?

    The best bet right now for investors seeking to play a rebound in the price of oil may very well be ETFs that invest in energy MLPs.

You May Also Like

Hot Definitions
  1. Adverse Selection

    1. The tendency of those in dangerous jobs or high risk lifestyles to get life insurance. 2. A situation where sellers have ...
  2. Wash Trading

    The process of buying shares of a company through one broker while selling shares through a different broker. Wash trading ...
  3. Fixed-Income Arbitrage

    An investment strategy that attempts to profit from arbitrage opportunities in interest rate securities. When using a fixed-income ...
  4. Venture-Capital-Backed IPO

    The selling to the public of shares in a company that has previously been funded primarily by private investors. The alternative ...
  5. Merger Arbitrage

    A hedge fund strategy in which the stocks of two merging companies are simultaneously bought and sold to create a riskless ...
  6. Market Failure

    An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers ...
Trading Center