Energy Policy: Preempt EPA Rulemakings with Carbon Tax?
Posted on November 19, 2012 at 02:48 AM EST
SUGAR LAND--November 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)