Tuesday, April 15, 2008

Sizing Up the Utilities, if Carbon Caps Take Hold


Fuel prices and dividends are usually big drivers of the share prices of utilities. Now there is a new variable to consider: how much carbon their power plants emit.

Exelon's nuclear power plant in Byron, Ill. Utilities with nuclear plants could benefit from some plans to limit emissions of carbon dioxide.

Federal regulations over the next few years could limit the carbon emissions of these companies, and Wall Street analysts have begun compiling lists of potential winners and losers, based on that possibility.

All of the leading presidential candidates say they favor such measures, and some kind of legislation affecting utilities is likely at some point after the November election, Citi Investment Research said in a January report.

See full Article.