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

Wärtsilä to deliver natural gas engines to Montana-Dakota Utilities

Wärtsilä will supply a 19-MW Smart Power Generation power plant to Montana-Dakota Utilities (...

Clyde Bergemann to supply emissions control equipment to Polish cogeneration power plant

The Clyde Bergemann Power Group Europe has received at $10 million contract, from SBB Energy,...

India nuke deals still thorny for US despite 'breakthrough'

India and America's declaration of a breakthrough in contentious nuclear energy cooperation h...

W.Va. bill requires lawmakers to OK state carbon plan

A West Virginia Senate panel is considering requiring lawmakers to approve state plans to com...

US nuclear reactor shuts down during snowstorm

Officials say a Massachusetts nuclear power plant was forced to shut down during the blizzard...
Natural Ventilation

Power Engineering Photo of the Day

Solar energy supporters, utilities spar over legislation

Solar energy supporters are pushing back against a bill backed by Indiana's utilities that wo...
TEPCO Tokyo Electric Power Company water treatment radioactive contaminated Fukushima Daiichi nuclear power plant Nuclear Regulation Authority

TEPCO to miss radioactive water treatment deadline

Tokyo Electric Power Co. (TEPCO) said it would miss a self-imposed deadline to decontaminate ...

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

Walter Energy Suspends Dividend

Walter Energy Suspends Dividend

Synergy Resources Corporation Launches Common Stock Offering

Synergy Resources Corporation Launches Common Stock Offering

Surfrider Foundation Opposes Obama Administration Five-Year Plan to Open Offshore Drilling in the Atlantic and Arctic

Surfrider Foundation Opposes Obama Administration Five-Year Plan to Open Offshore Drill...

Veteran Backhaul Radio Engineer Jeff Rivard Joins LightPointe

Veteran Backhaul Radio Engineer Jeff Rivard Joins LightPointe

Abakan Appoints Stephen Goss as Chief Operating Officer

Abakan Appoints Stephen Goss as Chief Operating Officer

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 >>