LETTER FROM WASHINGTON: OCTOBER 2009

摘要

If Congress passes proposed climate change legislation, the market for gas-fired power generation is likely to expand over the next 20 years, Black & Veatch analysts said in October. Correct boys, but no cigar; this is a statement of the patently obvious, even if still has to be said. According to Roger Smith, president of B&V's Enterprise Management Solutions, "No CEO in his right mind is going to be betting on coal or nuclear."