The Joplin Globe, Joplin, MO

Local News

July 23, 2009

<img src="http://www.joplinglobeonline.com/images/zope/new.gif" border=0> Missouri utilities concerned about federal climate bill

JEFFERSON CITY, Mo. (AP) — Missouri utility officials are expressing concerns that electric rates could increase sharply under federal climate legislation.

An analysis by a trade group for municipal utilities estimates that a federal cap-and-trade system for carbon emissions would increase the average electric rate in Missouri by 10 percent in 2015 compared to 2005. By 2030, the increase would be 82 percent.

A federal climate bill that includes a cap-and-trade system cleared a key House committee last month.

Missouri utility regulators on Monday met with utility officials representing nearly every electric customer in the state. Besides cap-and-trade, officials discussed energy efficiency, renewable resources and new technology for managing electrical grids.

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