Utility rates could hike
Aug 31 - McClatchy-Tribune Regional
News - Richard Wilson Hamilton JournalNews, Ohio
While
the nation's health care debate dominates headlines, city officials are eyeing
another federal proposal that they fear could raise utility bills and drive
manufacturing overseas.
The
proposal seeks to restrict emissions of greenhouse gases, which scientists have
linked to global warming, by implementing a cap-and-trade system.
The
system would limit how much carbon dioxide and other pollutants can be emitted
by power companies and distributors, like
Young,
who also serves as the chairman of the American Public
Gas Association, recently spoke on the issue at a national APGA meeting in
"I
do believe the Senate will pass some form of energy regulation," Young
said. "Costs will vary depending on how they implement the program ... but
to regulate carbon is going to cost a lot of money."
Stricter
emissions guidelines could drive manufacturing businesses overseas to countries
which have fewer restrictions, like
"A
lot of people don't realize that
The
city does have one thing going for it. Climate-change legislation is geared
toward encouraging renewable energy sources, and 70 percent of
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