The One to Count On...

Alliant: Cap and Trade Means Higher Energy Costs in Midwest

Posted: Thursday, July 2nd, 2009 at 4:45 am
Author:
 

Alliant Energy says the current cap and trade bill moving through Congress could mean double digit bill increases for their customers. Company spokesman Scott Drzycimski says Midwesterners are very dependent on coal, which means companies like Alliant won’t receive as many carbon credits. He says this will force them to purchase these credits from other utilities, ultimately driving energy prices up.

Filed under: Today's Local News