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

PNM files ownership plan, coal supply deal with regulators

New Mexico's largest electric provider says it's on track to meeting a deadline for submittin...

Oklahoma attorney general challenges EPA's clean-air plan

A plan by the U.S. Environmental Protection Agency to reduce emissions from coal-fired power ...

Wave Energy Week will mix marine energy developers with traditional hydropower

Oregon Gov. Kate Brown, Democrat, has proclaimed “July 13-17, 2015 to be Oregon Wave Week in ...

Public Service Company of Oklahoma seeks rate increase

Public Service Company of Oklahoma is asking for a 13.6 percent rate increase it says is need...

GAO looks at reliability impacts of changing power generation mix

The Government Accountability Office (GAO) on June 29 released a study provided a month befor...

On the day after MATS decision, Bernstein sees only a limited reprieve for coal units

In light of the U.S. Supreme Court ruling against the EPA's Mercury and Air Toxics Standards ...

Pence says Indiana will not comply with coal plant regulations

Indiana will not comply with President Barack Obama's plan to battle climate change by requir...

Westermost Rough offshore wind park enters operations

The 210-MW offshore wind power plant, Westermost Rough, has entered operations. The project w...

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

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the Three and Six Months Ended June 30, 2015

NW Natural Announces Dividend and Schedules Conference Call to Review Results for the T...

Vantage Drilling Responds to News Reports Regarding Petrobras

Vantage Drilling Responds to News Reports Regarding Petrobras

National Grid Drives Innovation Through REV Demonstration Projects

National Grid Drives Innovation Through REV Demonstration Projects

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects Financing Completed, Implementation, in Q3-15

Cardinal Resources' $28.8 Million Cameroon Red Bird Contract Advances; Company Expects ...

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

Letter From CGE Energy (McKenzie Bay Intl.) President Bryan Zaplitny

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 >>