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Utility execs: Global warming fix not that pricey
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Mar 5 - McClatchy-Tribune Regional News - John Dorschner The Miami Herald
In a simmering feud between major players in the power industry, eight utility executives, including Lew Hay of FPL Group, have politely but firmly told their own national trade association to fix inaccuracies in a study intended to warn Congress about the expenses of global warming.
"In the revised analysis, we believe that it will be important to accurately estimate the costs associated with the Lieberman-Warner Climate Security Act," the executives wrote in a Tuesday letter to Thomas R. Kuhn, president of the Edison Electric Institute, which presents the nation's utilities in Washington.
The institute's report, prepared by Charles River Associates, warns of huge expenses and dire consequences that will come with attempts to fix global warming.
"It appears that EEI has been circulating this material as an effort to scare senators from moving forward with the Lieberman-Warner legislation," Frank O'Donnell of Clean Air Watch wrote The Miami Herald in an e-mail. "In a polite, corporate way, the power execs appear to be wood-shedding EEI CEO Tom Kuhn."
"The CRA analysis includes assumptions that jack up projected costs compared to other studies," O'Donnell wrote The Herald.
A Charles River Associates spokeswoman referred questions to the EEI, which did not immediately respond to requests for comment.
Hay and the others who signed the letter are members of Clean Energy Group, which they formed with the recognition that global warming is a political issue that cannot be avoided. They believe that climate change needs to be addressed -- and can be done so in ways that are not hugely expensive.