Bullish for Business
1 1999 TNT 204-24 PECO Energy's Testimony at Finance Hearing on Tax Issues of Electric Power Industry. (Hereinafter, "PECO Energy Testimony.")
2 Treas. Reg. 1.468A (c)(2). For a more detailed explanation, see Nuclear Energy Institute Policy Briefs, "Why Tax Treatment of Decommissioning Trust Funds Must Be Updated to Reflect New Business Conditions," http://www.nei.org/doc.asp?catnum=3&catid=221.
Both look overseas for project developers, but some U.S. firms worry they'll miss out.
Telecoms may offer IOUs a model for multiplying market caps by dividing their shareholdings.
April 1, 2000