Weathering The ‘Perfect Storm’
Tony Anderson
Our nation’s electric utility industry is heading into a “perfect storm.”
While the amount of electricity we use every day steadily increases, the capacity to generate and transmit that power is running short. In the past, power plants fired by fossil fuels were the go-to option to meet growing new demand with proven technology.
But looming federal regulations on carbon dioxide emissions are changing that. The cost of complying with new regulations could make electricity less affordable for everyone.
In December, the U.S. Environmental Protection Agency (EPA), a part of the executive branch, declared that six key greenhouse gases from auto emissions, including carbon dioxide, are “endangering public health and welfare” of current and future generations. Emissions from motor vehicles of four of those greenhouse gases, including carbon dioxide, were also said to contribute to dangerous air pollution.
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