| Sourced From Blogs.wsj.com |
More fun and games as the Senate grapples with the climate bill. The latest twist: Senators from coal-dependent states are pushing hard to ease the pain for power companies that rely on coal.
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Posts tagged as:
emissions allowances
| Sourced From CFO.com |
The sweeping 1,400-page energy bill passed by the House of Representatives in late June, and now on its way to the Senate, contains the makings of a new asset class for affected companies: carbon emissions allowances. Further, the proposed legislation, dubbed the American Clean Energy and Security Act of 2009, would also create new liabilities for companies that are unable to comply with the new proposed carbon emissions rules.
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