in News Departments > Policy Watch
print the content item

A bill introduced by Senators Diane Feinstein, D-Calif., and Thomas Carper, D-Del., that would establish a national program to reduce greenhouse gas emissions from the electricity sector has received support from six major electric companies.

The Electric Utility Cap-and-Trade Act (S.317) would create a national system that would first cap, and then ratchet down electricity sector emissions by 25% below projected levels by 2020. PG&E Corp., Florida Power & Light, Entergy Corp., Exelon Corp., Calpine Corp. and Public Service Enterprise Group all came out in support of the bill. According to the senators, the electricity sector accounts for 33% of all U.S. emissions.

"As the single largest source of emissions in the U.S., the utility sector must play a key role in meeting our national emissions reductions goals," says Peter A. Darbee, PG&E's chairman, president and chief executive officer. "This bill will significantly reduce emissions from the utility sector, and it will do so by leveraging the innovation and efficiency of the market."


Trachte Inc._id1770
Latest Top Stories

Setting The Record Straight: How Many Birds Do Wind Turbines Really Kill?

Several peer-reviewed studies are more or less in agreement with avian mortality rates caused by wind turbines. However, one study, which is wildly off from the others, is most often cited in the media. Why?


Six Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965