Power plant deregulation may spur massive impairments and write-downs.
The U.S. energy industry's most prestigious conference, IHS CERAWeek, featured the most powerful companies and individuals in the sector. TheStreet reports from Houston on the biggest stories you need to know.
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Carbon regulations can be crafted to help offset climate change without "shutting down business in its tracks," U.S. Environmental Protection Agency Administrator Gina McCarthy said at a major energy conference on Thursday. McCarthy's speech in Houston to IHS CERAWeek, the largest meeting of energy executives in the world, was the first by an EPA administrator since the conference began 33 years ago. "We don't have to choose between a healthy environment and a healthy economy," McCarthy, who has run the EPA for nearly a year, said about new rules she said would be proposed by this summer. The Houston visit came about a week after McCarthy toured North Dakota, trying to convince the state's coal, oil and ethanol producers that her agency was not trying to burden their industries with onerous regulations.
Carbon regulations can be crafted to help offset climate change without "putting the brakes on business," U.S. Environmental Protection Agency Administrator Gina McCarthy said at a major energy ...