21 September 2009– Don’t expect a climate change bill to pass until early next year or 2011 at the latest, Duke Energy CEO Jim Rogers said. He spoke at an energy symposium in Michigan, and said climate change legislation more than likely will not pass this year.
American Public Power Association President and CEO Mark Crisson said in Public Power Weekly he also believed climate change would not pass by 2009 but that it was not going away, either.
Rogers is a supporter of emissions control while APPA has been focused on the cap and trade measure in the bill.
“One of the principles we’ve espoused is that if you are going to raise money through auctions, you should use it for reducing emissions,” Crisson said in Public Power Weekly. He also said there should be a floor and a ceiling on emission allowance prices as well as free allowances for coal-dependent regions.
Climate change legislation is unlikely to pass the U.S. Congress until the first half of 2010, and maybe not until 2011, Rogers said, since 2010 is a congressional mid-term election year.
A bill to cut U.S. greenhouse gas emissions by 17 percent passed the U.S. House of Representatives in June. When it did, 25 percent of the votes came from representatives in New York and California, Rogers said.
U.S. Democratic senators Barbara Boxer and John Kerry are writing climate legislation they hope to unveil later in September or October. In the Senate, each state has two votes while states have a number of representatives proportionate to population. And the 25 states that get at least half their power generated by burning coal won’t support carbon-cutting legislation easily, Rogers said.
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