Attorney Scott Segal discusses effect of Supreme Court rulings on utility industry
Recently, the Supreme Court handed down rulings in Environmental Defense v. Duke Energy Corp. and Massachusetts v. EPA, both of which could have major effects on the utility industry. How would electric utilities react and be affected by carbon dioxide regulation? What is the future of New Source Review as the Duke decision goes back to the lower courts? During today's OnPoint, Scott Segal, director of the Electric Reliability Coordinating Council (ERCC) and a senior industry lobbyist, discusses his industry's reaction to the two rulings. He discusses the details of the Duke case and talks about what to expect as it heads back to the lower courts for consideration. Segal urges Congress to go beyond cap-and-trade talks and consider a variety of options to address climate change including tax incentives, land conservation and building efficiency.