Duke expects carbon regulation after '08:
Duke Energy's Chief Executive Jim Rogers said he expects congressional action on regulating carbon gas emissions after the 2008 election, with the new rules taking effect about five years later.
Speaking at an investors' event this morning, Rogers said he spent the past week on Capitol Hill discussing the issue with the staff of U.S. Sen. Barbara Boxer, D-Calif., the incoming chairwoman of the Senate's Environment and Public Works Committee.
With Democrats' sweeping victory in congressional elections, a national program to regulate carbon emissions now seems likely. But when and what it might look like have been left to speculation. Regulation could be a tax on carbon gas emissions or some sort of national cap.
