Utilities seek ‘realistic’ targets in clean power incentive program

Electric utilities are pressing Capitol Hill Democrats to set “realistic” targets under a forthcoming clean power incentive program that would reward companies for meeting low-carbon goals but impose penalties on those that fall short. “Any program to try to facilitate a carbon transition needs to accommodate affordability and reliability,” said Louis Finkel, an official with the National Rural Electric Cooperative Association (NRECA), according to a report by S&P Global . He added that any plan “needs to have a...