Electric Vehicles and Gas-Fired Power

Deck: 

A strategic approach to mitigating rate increases and greenhouse gas price risk.

Fortnightly Magazine - December 2011
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A U.S. economy-wide cap-and-trade law to reduce U.S. greenhouse gas (GHG) emissions appeared to be a distinct possibility in 2008 and 2009. Today, the concept of implementing a national cap-and-trade program is off the table and is unlikely to be resurrected anytime soon. However, this doesn’t mean that GHG abatement is no longer of concern for electric utilities. Rather, electric utilities are facing GHG cost risk and abatement pressures in a variety of other forms, from renewable portfolio standards and energy efficiency requirements to Environmental Protection Agency (EPA) standards, such as best-available control technology regulations on coal plants—with maximum-achievable control standards expected soon.

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