Emissions Rules are On the Way

The Copenhagen summit aimed at limiting greenhouse gases ended with a whimper. Climate legislation in Congress is stumbling. But curbs on U.S. emissions from power plants and factories are coming anyway.

The Environmental Protection Agency is poised to take an historic step at the end of March, issuing the first-ever national rules to fight climate change. That puts companies on edge. “With the economy still limping, it’s not the right time for this massive increase in the cost of everything we do,” says Michael G. Morris, CEO of American Electric Power (AEP) (AEP).

Business Week