Utilities underestimating carbon costs?

coalplantMore evidence for Kansas lawmakers that the rules of the energy game are changing: The Wall Street Journal reports that a new study by the Department of Energy’s Berkeley National Laboratory finds that many of the nation’s utilities have begun including the cost of carbon regulation in their planning. But it advised that many probably are underestimating those costs.
“If utilities estimated the future cost of GHG regulation compliance to be higher, that might lead them to invest less in fossil fuels and more in renewable energy,” the report said.

Energy efficiency also is playing a major role in utilities’ plans for lowering their carbon profile.

5 Comments

  1. george
    Posted March 30, 2008 at 7:42 am | Permalink

    So what are we suppose to do for energy in the future? With all the obstacles of the politicians and the environmentalists we will be lucky to continue our way of living we have now. We will be taxed down and out anyway if the dems get in. There is no global warming!!!!!!!!

  2. J M Walker
    Posted March 30, 2008 at 8:00 am | Permalink

    All the bushettes keep repeating; “There is no global warming, there is no global warming, bush is good, bush is great, bush knows all and sees all, all hail bush the decider.”:-)

  3. ksfarmgrrl
    Posted March 30, 2008 at 10:53 am | Permalink

    Utilities underestimating carbon costs?

    To quote Dave, “ya think?”

    What do they care about truth and accuracy. The rate payers are the only ones who will be left holding the bag if they “misunderestimate” the carbon costs.

  4. Ben
    Posted March 30, 2008 at 12:51 pm | Permalink

    Years ago in California they had a program where the gas utility would help home-owners insulate their homes. I took part in that - everyone came out a winner.

    The utility acted as ‘general contractor’ - I contracted with them and I paid them for the work - which the gas company financed. A ‘mom&pop’ (actually dad and son) did the job - they too contracted with the gas company. So - I didn’t have to worry about the small businessman perhaps not being bonded or insured; the small businessman didn’t have to worry about me perhaps being a deadbeat.

    I paid for the work with a charge in my monthly bill. So, it basically didn’t cost me anything since my gas useage was lower. The utility got to figure the improvements into their rate base through the PUC.

    As a result, my home was warmer at less cost. A small businessman got to make money. And the utility continued to make money via their service charges etc. Win-win-win.

  5. JWink
    Posted March 31, 2008 at 5:07 am | Permalink

    “Utilities underestimating carbon costs.”

    How about, Kansas legislators underestimating anger of Kansas citizens at this blatant attack on Kansas underground water remaining in the underground Ogallala aquifer water?

    How about, Kansas legislators attacking our Kansas breathable air?

    How about our Kansas legislators attacking our fragile Kansas economy with this proposed gargantuan coal-fired power plant, mostly for the benefit of neighboring states that are too smart to build it in their own states.

    Why doesn’t Colorado, Wyoming (the source of the coal), Texas and New Mexico want it?

    Why are Kansas legislators so interested in helping the economy of tiny Holcomb, Kansas?