Utilities shrug off decision, say carbon-cutting plans on track
IN A TOWN famous for news leaks, the Supreme Court managed to deliver a genuine surprise when it moved this week to freeze the Obama administration’s signature regulation on climate change, raising doubts about US promises to cut pollution blamed for Earth’s warming.
But although Tuesday’s ruling startled the White House and rattled US allies, it appears to have had little effect on the electricity providers most directly affected by the Clean Power Plan. About 48 hours after the court’s decision, major utility companies are reacting to the move with a collective shrug.
Executives for electricity producers and industry trade associations say they expect little deviation from what was already an industry-wide move from coal-burning to cleaner and cheaper forms of energy to produce electricity. The shift is likely to accelerate further in the near future, industry officials and analysts said, meaning that many of the administration’s carbon-cutting goals may be met regardless of what courts and lawmakers ultimately decide to do.
Institute officials said the court’s 5-4 decision “doesn’t really change anything” in an industry in which nearly all new electricity generation is coming from wind or solar facilities or from hyperefficient generators that burn natural gas. Even companies that have joined lawsuits against the administration over the rules said they already were on track to deliver reductions in carbon emissions on a scale that the Clean Power Plan envisions.