Super Session: Cap and Trade's Impact

March 28, 2010
The Cap and Trade and its Impact on the Electric Utility Industry Super Session will focus on the merits and demerits of the already-proposed Cap and Trade legislation. The Waxman-Markey American Clean Energy and Security (ACES) Bill proposes setting a ...

The Cap and Trade and its Impact on the Electric Utility Industry Super Session will focus on the merits and demerits of the already-proposed Cap and Trade legislation.

The Waxman-Markey American Clean Energy and Security (ACES) Bill proposes setting a market for carbon dioxide emissions. Similar to the sulfur di-oxide emission cap-and-trade system of the mid-1990s that achieved tremendous reductions in SO2 emissions, the goal of the proposed legislation is to cut the emissions of CO2 by 83% by 2050.

Industry-wide debates have ensued, evaluating the potential impact of the bill. With climate change no longer remaining a mythical concoction, the market power of cap-and-trade may be put to test once again. Rising energy prices and a decelerating effect on the economy have been cited as some of the drawbacks of the proposal.

The session will examine the following areas: US Cap & Trade Policy, Key Cap & Trade Provisions, GHG regulation and technology perspective on Cap & Trade.

Brent Dorsey of Entergy Corp. will chair the session on Thursday, April 22, 10:15 a.m. – 12:15 p.m.

PANELISTS:
Steve Fine, Vice President, ICFBrent Dorsey, Director, Entergy Corporation
Bryan Hannegan, Vice President, EPRI
Michael Bradley, President, Michael Bradley & Associates



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