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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-17-07 04:50 PM
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Power companies focus on clean deals

NEW YORK (Reuters) - Newly environment-friendly regulators and lawmakers have acquisitive power companies wary of potential policy changes on greenhouse gas emissions.

As they weigh deals, companies are adjusting their criteria for the impact of greenhouse gases, said David Nastro, managing director and co-head of global power and utilities at Morgan Stanley.

Among their considerations are proposals being reviewed by the U.S. Senate that address climate change through measures including emissions reductions and a cap-and-trade policy allowing emissions credit trading. At the same time, proposed power plants have met with increased regulatory scrutiny.

Last month Kansas officials denied permits for proposed coal-fired generators by the Sunflower Electric Power Corp., citing the potential harm of greenhouse gases like carbon dioxide.

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