US generating companies expect mandatory carbon dioxide regulations

26 October 2004 - A PA Consulting Group survey shows a substantial portion of the US power industry surveyed believes that climate change is both an environmental and a political problem

A national environmental survey of electric generating companies in the US, conducted by PA Consulting Group, shows that nearly 60 per cent of the respondents believe that Congress will enact mandatory limits on carbon dioxide emissions within the next ten years. Roughly half the respondents believe mandatory limits will come within five years. Respondents represented companies that generate roughly 30 per cent of US electricity.

The survey - titled 'Environmental survey 2004' - also shows that survey respondents overwhelmingly believe that greenhouse gas build-up is a political problem. Nearly half of all respondents see greenhouse gas build-up as a scientific problem and less than half of responding companies are incorporating emission limits on CO2 into business planning, due to ongoing regulatory uncertainty.

According to Mike Beck, a member of PA's Management Group and an author of the survey: "Companies need to start focusing now on how CO2 emissions constraints will affect their businesses. The upcoming election adds to the uncertainty about future regulations because our respondents see dramatic policy differences resulting from whoever wins the White House."

PA is the leading adviser on energy issues in the US and regularly advises major energy companies on planning and operations. This survey was conducted in part to allow companies to benchmark themselves on environmental issues against their peer organizations.

In addition to greenhouse gas issues, the survey also includes findings related to cap and trade programs, mercury regulation, compliance planning, and anticipated impacts of the upcoming presidential election on environmental regulation.

Sponsored by FLSmidth

Related Articles

EPA unveils SO2 scrubber-reliant haze plan for Texas

The U.S. Environmental Protection Agency is proposing new regional haze SO2 reduction requirements for Texas based on a series of presumed scrubber installations and scrubber upgrades on 14 coal-fired power plant units.

National Grid joins proposal for 300-mile cable in Maine

Utility giant National Grid is partnering with a company that specializes in underwater cable projects in an alliance seeking to build a 300-mile cable to bring Canadian hydropower and Maine wind power to Greater Boston to help meet the energy needs of power-hungry southern New England, the companies announced Tuesday.

Follow Power Engineering on Twitter
Latest News
08/26 Henry Hub Average Natural Gas Spot Prices

08/26 Henry Hub Average Natural Gas Spot Prices

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York M...
Ameren Missouri moving spent nuclear fuel to dry storage casks Callaway Energy Center

Ameren Missouri to begin moving spent nuclear fuel

Ameren Missouri’s Callaway Energy Center will begin this week moving spent nuclear fuel to ne...
Millstone 2 nuclear unit has corrective actions from NRC

NRC issues corrective actions against Millstone 2 nuclear unit

FP&L to buy and sell Cedar Bay coal-fired power plant

FP&L to buy, close coal-fired power plant

Florida Power & Light will buy and shut down a coal-fired power plant under a settlement ...
The Weekly Coal Production Report has been updated for the week ended Aug 22, 2015.

08/22 Weekly Coal Production Report

The Weekly Coal Production Report has been updated for the week ended Aug 22, 2015.

Moody’s affirms Southern ratings, but changes outlook to negative

Deal for AGL comes at time of increasing "risk profile" for Southern, Moody finds

Now that Southern (NYSE:SO) has announced plans to buy AGL Resources (NYSE:GAS), Moody’s Inve...
Federal judge dismisses most coal-fired emissions claims against Luminant

Judge rejects most claims in federal NSR lawsuit against Luminant

A federal judge on Aug. 21 dismissed most of the claims of the U.S. Environmental Protection ...
IAEA, Kazakhstan to establish low-enriched uranium bank

Kazakhstan to host international uranium bank

The International Atomic Energy Agency and Kazakhstan have signed an agreement to establish a...

Power Engineering Current Issue

03/01/2014
Volume 118, Issue 3
1403PE-cover
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013

Power Industry Wire News

PyroGenesis Canada Inc. to Present at the 4th Annual Liolios Gateway Conference on September 10, 2015

PyroGenesis Canada Inc. to Present at the 4th Annual Liolios Gateway Conference on Sept...

American Power Group Announces Completion of a $3.25 Million Term Loan for the Purchase of Next Generation Natural Gas Flare Capture and Recovery Systems

American Power Group Announces Completion of a $3.25 Million Term Loan for the Purchase...

Anpath Group Signs Merger Agreement With Q2Power

Anpath Group Signs Merger Agreement With Q2Power

Cimation Selected by Shell for Global Cybersecurity Program Roll-Out

Cimation Selected by Shell for Global Cybersecurity Program Roll-Out

Nuclear, LNG Export Projects Dominate Top 10 Capital-Spending Plans in U.S. Southeast Region, an Industrial Info News Alert

Nuclear, LNG Export Projects Dominate Top 10 Capital-Spending Plans in U.S. Southeast R...

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>