Green Options

The U.S. Chamber of Commerce promotes itself as the “voice of business” by representing business ideas and interests in Washington.  Really?  If this is true, then why are so many businesses leaving the Chamber?  So far, high profile utility companies such as Exelon, Pacific Gas & Electric and PNM Resources have left the business association.  Apple recently sent a letter to the Chamber’s CEO, Tom Donahue, resigning their membership effective immediately.  It appears the U.S. Chamber of Commerce is doing an inadequate job of representing current business interests.  So what is all the defections and hoopla about?  Climate Change…

John Rowe, Exelon CEO, said yesterday that climate change legislation is an urgent issue. At the same time, he announced that the nation’s largest utility would not be renewing its membership with the US Chamber of Commerce because of the Chamber of Commerce’s opposition to climate legislation.

Is Exelon’s departure from the US Chamber of Commerce a harbinger for the entire utility sector? Or, is there a divide emerging within the industry?

Duke Energy is the one of America’s largest coal-burning utility – so why would its chairman, Jim Rogers, back a cap on carbon emissions? “Because America has to start making smart choices,” he says in a 30-second spot that begins airing nationally today (see video below). “A well-designed cap that provides a smooth transition to clean energy will keep electricity affordable and protect your family’s budget,” Rogers adds.

Duke Energy is joining the Environmental Defense Action Fund in a national advertising campaign that supports a “smart cap” on carbon emissions as the climate change solution that protects consumers.

Exelon, the largest operator of nuclear power plants in the United States has filed a license application with the US Nuclear Regulatory Commission (US-NRC) to build two new nuclear power plants near Victoria, Texas. When operating, the plants will produce zero units of carbon dioxide, nitrogen oxides, mercury, sulfur oxides, and fly ash.

Exelon has chosen the Economic Simplified Boiling Water Reactor (ESBWR) marketed by GE-Hitachi Nuclear Energy. Each of the reactors will produce approximately 1,500 MW of electric power.

One of the key design features of the ESBWR is a large degree of passive safety provided by large water reservoirs, natural coolant circulation and safety systems that operate without any electrical power. (Link to animation of ESBWR safety system operation)