US power company Duke Energy Corp. Chief Executive James Rogers said
Tuesday he does not expect the United States to implement carbon
emission limits until
Chief Executive James Rogers told Reuters he is working to achieve
"minimal price impact on our customers to move into a carbon-constrained
world."
US lawmakers have proposed several plans to curtail the emissions of
carbon dioxide and other gases blamed by most scientists for
contributing to global warming, though opposition from the
administration of President Bush could prevent any output caps from
becoming law.
Last month, Duke joined 10 other major US corporations and environmental
organizations to push the president and Congress to address climate change.
The group, known as the United States Climate Action Partnership, is
calling for a nationwide limit on carbon dioxide emissions that would
lead to reductions of 10 percent to 30 percent over the next 15 years.
Duke, the third-largest consumer of coal, said it would work to avoid
the adverse impact of its disproportionate reliance on coal.
"Our part of the country is very reliant on coal," Rogers added.
Duke supports a "transition period, such as was used when limits on
emissions of sulfur dioxide and nitroxide oxide were implemented.
Under such a five-year transition period, the company would not see a
cost impact on emission limits until 2014 or 2015, according to Rogers.
(
Planet Ark, 07/02/2007)