Originally Posted by dc_dux

Ustwo....I'm curious on your take on Bush"s "Clear Sky Initiative" to amend the Clean Air Act.

As I understand it, it sets new targets for emissions of sulfur dioxide, mercury, and nitrogen oxides from U.S. power plants and allows for "pollution trading" that would effectively weaken (or delay) the emission targets that would be in place if the Bush administration simply implemented and enforced the existing law.

I've read what the White House and EPA say as well as what the environmental groups say. It seems to me that "we were making gains" with existing law, without an adverse impact on the utility industry.