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George Peridas of the Natural Resources Defense Council (NDRC) discussed recent policy developments and the effect of regulatory uncertainty. He compared EIA’s Annual Energy Outlook for 2008 and 2009. The 2009 report added three percent to capital costs due to regulatory uncertainty, which had a significant impact on projections for coal-fired power plant construction over the next 10-15 years. George also discussed cap and trade programs and NRDC’s support for providing financial incentives and support to early deployers of carbon capture and storage systems. |
