Wave of Environmental Regulations Facing Electricity Generation

摘要

Some consider that a negative term and an exaggeration. We think it describes the potential picture and we believe with proper policy, the wreck can be avoided and the electricity generation and the continued environmental progress "trains" can continue down the track. Much of the regulatory development is occurring in 2011 and 2012. These regulations could potentially be finalized and implemented in a manner that results in up to a 25% increase in cost to customers and early retirement of 20-30% of the existing coal-fired generation in the Midwest and Southeast. For a state like Michigan, which continues to struggle from the great recession and the restructuring of the auto industry, this additional impact could be major.