Power Companies Vie for Advantage Under Climate Plan

The basis for awarding carbon credits will determine if we take steps to clean existing emissions or move to new technologies in response to global climate issues. If credits are based on production, change will be incremental as will the associated cost impacts. Awarding credits based on system load will encourage development of non-fossil generation sources and accelerate carbon reduction.

U.S. nuclear power generators (Exelon, Entergy, Dominion, Constellation, FPL, Duke, NRG Energy, First Energy, Southern Company, etc.) all stand to gain exceptionally if climate change policy is enacted on a national level.  Energy Information Administration (EIA) analysis shows that the Lieberman-Warner bill (S. 2191) and it's carbon credit cap-and-trade system would have a tremendous...

    All of the various regulations being discussed in the U.S. Congress to slow, stabilize, and then reduce CO2 emissions nationally include some type of cap and trade system.  Each of these programs have a portion of the CO2 emissions allowances being allocated for free to the U.S. electric generators.  The allocation methodology and the power companies’ generation mix...