June 2007
ICIS Chemical Business;6/25/2007, Vol. 2 Issue 72, p66
Trade Publication
The article reports that chemical manufacturers can expect an increase in electric rates as power companies shift to more costly technologies to lower carbon emissions in the U.S. A study conducted by Consulting Resources Corporation (CRC) found that the rate of electric power are likely to increase at an average rate of 3.6% annually. According to CRC president Roger Shamel, the cost of the shift of power companies to limit their carbon emission will be passed onto industrial consumers.


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