FORTUNE -- The idea of setting a firm limit on carbon dioxide emissions but letting the market decide who should do the allowable amount of polluting is an environmental policy that seems to have a little something for everyone. Lefties like the hard limits. Righties like the flexible markets, or at least they used to -- and that change has thrown the future of cap-and-trade policies in doubt.
"Its going to be hard to resurrect cap-and-trade. Even though it was invented by Republicans, it has been demonized by Republicans," said Jim Rogers, chief executive of Duke Energy (DUK). Rogers, unlike many of his fellow energy CEOs, has long taken an active role in pushing for tighter environmental rules. Speaking at a panel at Fortune's Brainstorm Green conference, Rogers said doesn't expect any strong climate change legislation out of the current U.S. Congress, or the next one, and probably even the one after that.
Oracle's reclusive president continues to make the case that U.S. companies should be allowed to help the economy by brining overseas earnings home, nearly tax-free.
By Dan Mitchell, contributor
There is a big difference, says Oracle President Safra Catz, between the $800 billion federal stimulus package and the "repatriation" of $1 trillion in foreign corporate holdings that she advocates. Unlike the stimulus, "my money has already been printed," she said Friday, drawing MOREScott Olster, editor - Mar 14, 2011 11:27 AM ET
Last week, the nation's third-largest utility, Duke Energy (DUK) filed an application for $200 million in federal stimulus funds to bolster its $1 billion smart grid initiative in Ohio, Indiana, and Kentucky. Today the company is announcing that it has found a partner to supply the guts for the project -- and it's not who you might think.Jeffrey M. O'Brien - Aug 10, 2009 8:13 AM ET
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