excerpted from Oil Ahead
Recorded on January 2015

Mary Nichols on Carbon Regulations from Washington

Description 

Mary Nichols, Chair of the California Air Resources Board, discusses how the Obama administration is working to take meaningful action on climate change.  "They are currently working on a set of regulations that will affect the electric utility industry across the country and require existing power plants as a whole to reduce the amount of greenhouse gas emissions that they’re responsible for.  And that regulation although they can’t do it directly, indirectly will have the effect of putting a price on carbon and giving the utilities more of an incentive to invest in renewable energy and to work together which they need to do on a regional basis," said Nichols.

Speakers at this Event

Former Executive Vice President, Mobil Oil

Vice President for CO2, Shell Oil Company

Chair, California Air Resources Board