Analyzing the Bingaman Utility-Only Draft Bill
Tuesday, July 13, 2010 at 11:52 am
As projected, the bill would cut carbon dioxide emissions from the power sector by around 50 percent by 2035, as compared with the business-as-usual baseline:
The bill would raise more than $80 billion annually by 2035:
Renewable generation would increase significantly beyond a business-as-usual scenario:
Nuclear power generation would also increase:
But, highlighting one reason for utility opposition to such a proposal, coal generation would decrease significantly:
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