ENERGY GHG PERFORMANCE STANDARD DRAWS MIXED NATIONWIDE RESPONSE

Industry officials and environmentalists nationwide have faced off in urging California regulators to act on a controversial proposal to establish a greenhouse gas (GHG) performance standard in future electricity procurement contracts. Electric utilities and other energy companies, as well as emissions trading organizations, are opposing the standard; environmental groups and clean-energy advocates are lauding development of the rules. A GHG performance standard is considered a key state measure to meet the governor's GHG reduction goals and to trigger GHG emission...