Here?s one of the most interesting elements of a Business Week article on utilities? response to the pressure to generate ?clean power?:
In their search for clear rules, some CEOs have been willing to buck powerful business interests. ? Yet at the same time the utility industry has been working feverishly to shape the details of the legislation to its advantage.
The power of economic self-interest has also created clashes within the industry itself, since each twist of the coming regulations creates winners and losers among the individual companies. “We all have positions on these issues that reflect the different make-up of our generation fleets,” explains Duke’s [CEO James] Rogers. Billions of dollars are hanging on the legislation’s details.
For some reason, this blog entry comes to mind.
