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Utility warns carbon emissions regulation could triple electric bills
April 21, 2009 by Charles Oliver in The Daily Citizen
April 21, 2009 by Charles Oliver in The Daily Citizen
[Dalton Utilities president and CEO Don Cope] said he had listened last week to a presentation by the Edison Electric Institute, an organization that all of the large, shareholder-owned utilities belong to, on the possibility of legislation capping carbon emissions produced by fossil fuels such as coal and oil.
"Their estimate is that it will cost the average household in the United States between $3,000 and $6,000 per year," he said.
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