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Natural gas 'jump-starting' clean energy, Exelon CEO contends
Higher U.S. production of natural gas "is already jump-starting the transition to clean energy," and there is no need to add mandates and subsidies for other technologies, Rowe said at the American Enterprise Institute in Washington on Tuesday.
March 8, 2011
by Simon Lomax
in Bloomberg News
The U.S. should use more natural gas to generate electricity instead of offering new "clean-energy" subsidies for nuclear reactors, wind turbines, solar panels and coal-fired plants that capture carbon dioxide, Exelon Corp. CEO John Rowe said.
Higher U.S. production of natural gas "is already jump-starting the transition to clean energy," and there is no need to add mandates and subsidies for other technologies, Rowe said at the American Enterprise Institute in Washington on Tuesday.
Chicago-based Exelon, the largest U.S. nuclear-power producer, also owns natural gas-fired generating plants in east Fort Worth and in far west Dallas.
Natural gas futures have... [continue via Web link]
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