Utilities May Profit From Ruling
(Newser)
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Some utility companies may actually benefit financially from the Supreme Court ruling forcing the EPA to crack down on greenhouse gas emissions, the Wall Street Journal reports. While it will cost them millions in the short-term to meet new requirements, utilities in government-regulated markets—mostly in the Southeast, Great Plains, and West—can pass those costs on to consumers at a profit.
That's because they're allowed by law to collect a profit of 10% to 13% on any new environmental spending. But polluters in deregulated markets won't be so lucky: They'll probably be forced to eat much of the cost of refitting their factories unless the market price rises.
Source
Wall Street Journal
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