Utilities: little to fear from more climate change legislation despite new proof

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By: SGN Staff

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Quick Take: Utilities are already saddled with myriad mandates ranging from renewables to energy efficiency to cybersecurity to coal plant standards and many more. But they should have a few years respite from the prospects of a carbon tax or other climate change legislation. This despite an about-to-be-released report with additional evidence that fossil fuels are the number one cause of global warming. - By Jesse Berst

 

The United Nations’ Intergovernmental Panel on Climate Change is preparing to release its latest report, which will declare that scientists are more confident than ever that human activities, chiefly the burning of fossil fuels, are the main cause of global temperature rises. The Wall Street Journal reports that 95% of all scientists share that opinion according to the report, due officially in October. In 1995, just over 50% were convinced.

 

Despite the new evidence, Congressman Jared Huffman, D-San Rafael, said there is little chance that the federal government will pass new climate legislation, according to a story in the Marin Independent Journal.