Response To Global Warming Key For Energy Future

Duke Energy Corp. (DUK) Chief Executive Paul Anderson said Wednesday that the U.S. government’s ultimate response to global warming, as well as to growing world oil demand, will have a major impact on energy companies. Anderson, speaking at RBC Capital Markets’ energy infrastructure conference in Toronto, said he expects the government eventually to address global warming.

If the response is a tax or “penalty” on the use of hydrocarbon-based fuel, ” you’re going to advantage nuclear and advantage non-hydrocarbon based alternatives,” he said.

IWON