Utility Chiefs Wary of Emission Limits - AP

[Eugene]

Utility Chiefs Wary of Emission Limits
Utility Executives Give Guarded Support to Global
Warming Legislation

By H. JOSEF HEBERT

WASHINGTON Mar 20, 2007 (AP)— Top executives of some of the
country's largest electric utilities gave guarded support Tuesday
or at least said they were not opposed to mandatory carbon
emission limits to deal with global warming.

Still, the executives expressed concern over the potential for huge
electricity cost increases, depending on how such emission limits
are imposed.

The executives, at a hearing of a House Energy and Commerce
subcommittee, said any legislation that would require a cap on
carbon dioxide emissions from burning fossil fuels, especially coal,
should have provisions aimed at limiting the economic impact of
carbon-capture technologies that will be needed.

-snip-

Rep. Rich Boucher, D-Va., the subcommittee's chairman, said
climate legislation is all but certain to move through the House
and that a cap on carbon emissions is being considered, though
details have yet to be worked out.

-snip-

Full article: http://www.abcnews.go.com/Politics/wireStory?id=2967281

[razzleberry]

1. only price-regulated industries will cooperate

because they can ask for a rate increase.
every other industry will be opposed.

How many Democratic congressmen
can afford a lot of new enemies?