Van Ness Feldman's Kyle Danish Quoted in Carbon Finance on "Utility-only" Cap and Trade Legislation

July 1, 2010

Kyle Danish was quoted in an article in Carbon Finance focusing on a utility-only approach to pricing carbon stating that the approach, "has some obvious appeal, because it's simpler and because the power sector has dealt with cap and trade for over a decade," with relation to controlling sulphur dioxide and nitrogen oxide pollution.  Mr. Danish added, "but simpler by no means equals simple."  On the idea that such an approach would undermine the Kerry-Lieberman proposal he said, "If it's a utility-only programme, there are far fewer allowances to distribute."

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