| With the Clean Power Plan out for comment, a lot utilities are scurrying to figure out their game plan — or just how they would work with their state utility regulators to reduce their carbon emissions by 30 percent by 2030, from a 2005 baseline. The general feeling is that the goal is doable but it may take a little more time.
Understandably, the utilities and the state regulators want to find better and cheaper ways of doing business. Their level of enthusiasm, though, differs based on which part of the country they live and which fuels they burn to make electricity. The Northeast and California are leading the charge, having created free market exchanges to buy and sell credits to reduce carbon levels — mechanisms that each say is helping to broaden their generation mixes and to boost their economies...............................................Full Article: Source |