State, federal energy policies topic of power producers annual meeting
Posted by CITIZEN POWER ALLIANCE at 4:50 PM"A lot of uncertainty comes with the government's carbon emissions regulations needed to finance power plants," he said at the spring meeting of Independent Power Producers of New York Inc.
Dickman-Wilkes spoke Wednesday to a group of about 100 people during the Independent Power Producers of New York's annual energy conference at the Desmond Hotel & Conference Center in Colonie, N.Y.
The federal government is expected to develop cap-and-trade emissions standards in the coming years that would require utilities to pay for at least a portion of their emission allowances. A cap-and-trade system allows a utility to bank surplus emission reductions and sell them to other facilities that are above the cap, provided the seller maintains an overall emission level consistent with those of the National Ambient Air Quality Standards (NAAQS).
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