No. of Recommendations: 1
I understand, but the key word is potential. The key item is time frame. It takes a great deal of time to build a power plant - 5 to 10 years even for natural gas. While many people are concerned about carbon emissions from coal plants, net carbon emissions for charging electric cars are less then 40% of the gasoline costs for even 30 mpg cars.

If your time frames for investment i.e. until death are under 20 years I would forget this issue. I wish I had a dollar for every time I have been told Phillip Morris was dead -- it out lived General Motors.


The greenhouse gas tailoring rule regulation greenhouse gases was promulgated on May 13, 2010.

The boiler MACT is due to be promulgated on 12/16/2010. The proposed rule lowers emission standards quite a bit over the current standards. MACT usually have a 3 year compliance frame.

EPA is proposing a lower ambient air quality standard for ozone. That rule may come out any day now. It was due in August.

Of the three rules I mentioned, this could be the most devastating to the utilities and the economy in general. In some areas like NC, reducing nitrogen oxide emissions from power plants is one of the main control strategies. All of these regulations are or will be final soon and compliance will take place over the next few years, costing utilities billions of dollars.

PSU
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