Saturday, September 11, 2010

Pro-climate scam utilities PG&E, Progress Energy, and Duke Energy spent heavily on lobbying this year

Progress Energy, Duke spend more on lobbying
Raleigh-based Progress Energy raised lobbying expenses by 18 percent in the first half of the year, to $1.21 million. Charlotte-based Duke Energy boosted lobbying by 48 percent, to $3.29 million.
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The nation's biggest utility spender on lobbying, Pacific Gas & Electric Co. in California, spent nearly $44 million in the first six months of the year, up from $1.41 million during the same period last year. PG&E had thrown its weight behind an unsuccessful referendum that would have made it more difficult for competitors to enter California's retail electricity market.
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Progress and Duke supported carbon legislation, which stalled in Congress, because it included allowances that would have exempted the utilities from penalties.
[Pacific Gas and Electric: Heavily promoting the climate swindle] Fighting Climate Change
PG&E is a member of the United States Climate Action Partnership (USCAP). The group has developed a set of detailed legislative recommendations for a national, mandatory market-based approach to reduce greenhouse gas emissions that calls for an economy-wide cap on emissions along with a set of complementary policy measures to advance technology, mitigate costs for consumers and businesses and provide opportunities for the nation’s workforce.

In addition, we were an original member of the Clean Energy Group, a coalition of environmentally progressive utilities advocating for a national, mandatory, market-based approach to curbing greenhouse gas emissions in the power sector.
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In advance of the climate change negotiations in Bali, Indonesia, PG&E joined with major global corporate leaders to launch Combat Climate Change (3C). This international business initiative brings together more than 50 leading international companies to call on governments to work together to develop a global policy framework to combat climate change.

While we prefer a national approach to addressing climate change, we also recognize how states can act as a catalyst for federal legislation and bringing forth innovative solutions. That is why PG&E was the first investor-owned utility to support the enactment of AB 32, California’s Global Warming Solutions Act of 2006, which sets a goal of reducing the state’s greenhouse gas emissions to 1990 levels by 2020.
Flashback: Winners and Losers of Cap-and-Trade - NYTimes.com
electricity giants like Exelon and Pacific Gas and Electric would emerge as financial winners

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