As market forces transform the IOU business model, Apple’s iPhone provides a metaphor and possible example for the industry to follow. The iUtility will emerge as companies renegotiate the...
DOE's Smith "No Chance" for Restrucutring Bill This Year
legislation the Administration develops since many of these changes could occur before 1998. In particular, Smith emphasized three upcoming policy debates:
• Ozone. The Ozone Transport Assessment Group consists of 37 eastern states attempting to meet ozone compliance. But Smith said, "My sense is that states won't come to a grand consensus and implement this on their own."
• Global Warming. The upcoming global policy meeting on climate change, to be held in Kyoto, Japan, where in theory, the participating nations should come up with binding CO2 emission caps; and
• Air Emissions. The Environmental Protection Agency's proposed rulemakings, issued last November, to change the ambient air standards for ground-level ozone and particulates.
In fact, the EPA's proposal has come under fire from many quarters, including Congress itself, where some 114 House members joined with Virginia Congressman Rick Boucher in May to write to President Clinton to urge him to block the proposed new standards, in part because of allegations that at least one of the studies relied upon by the EPA was flawed.
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