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