SOURCE: Industrial Info Resources

Industrial Info Resources

November 19, 2012 06:30 ET

Energy Policy: Congress Could Preempt EPA Rulemakings With Carbon Tax, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Nov 19, 2012) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- The incoming Congress may consider enacting a carbon tax to preempt the U.S. Environmental Protection Agency (EPA) (Washington, D.C.) from issuing draft rules on greenhouse gas emissions, speakers told an energy briefing in Washington on Friday. "I don't see cap and trade coming back -- it's politically poisonous," said former congressman Rick Boucher, now a partner at the law firm of Sidley Austin LLP (Chicago, Illinois). "But over the next year or two, greenhouse gas (GHG) regulation is a near certainty, given what EPA is doing. The question is how."

Other companies featured: CenterPoint Energy Incorporated (NYSE:CNP)

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