John Rowe, the 64-year-old chief executive of Exelon Corp., has pledged that his utility will drastically reduce its "carbon footprint," including emissions from power plants, vehicles and other sources. Recently, the company retrofitted the 10 stories it occupies in a high-rise Chicago office building, cutting its energy use there in half.
His support of carbon-emission reductions recently led him to clash with the U.S. Chamber of Commerce, and he pulled Exelon out of the group last month. That won him praise from some and enmity from others.
Certainly, as the country's largest operator of nuclear power plants, which don't spew carbon dioxide, Exelon could potentially emerge as a winner if Congress passes legislation to reduce carbon emissions.
Tuesday, October 27, 2009
For Exelon, Carbon Reductions Solve a Problem, Make Money
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