posted by | Comments Off on Calif. PUC begins weighing utility costs of complying with greenhouse gas limits

The California Public Utilities Commission on March 24 opened a rulemaking to address utility cost and revenue issues associated with the state’s greenhouse gas emissions regulations, despite a state court order that casts doubt on what expenses utilities will pay.

In the unanimously approved order, the commission said the primary focus will be on the possible use of revenues that electric utilities may generate from auction of allowances allocated to them by the California Air Resources Board.

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