Utilities May Go First With Carbon Rules, NRG’s Crane Says

Mar 4th, 2010 | By | Category: Legislation

March 4 (Bloomberg) — U.S. power companies may be willing to go first with new rules to curb greenhouse-gas pollution as long as they don’t have to go alone, NRG Energy Inc. Chief Executive Officer David Crane said.

via Utilities May Go First With Carbon Rules, NRG’s Crane Says – BusinessWeek.

March 4 (Bloomberg) — Two of the largest U.S. power utilities are backing a compromise on U.S. climate change legislation after a broader emissions-trading proposal foundered last year.

Michael Morris, chief executive officer of American Electric Power Co., and Lewis Hay, CEO of FPL Group Inc., said today at a conference in Santa Barbara, California, that they support the new effort and await details on the proposal.

via Two Power Utilities Support Compromise on Climate Legislation – BusinessWeek.

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