From what I understand of this cap and trade law. I read an article where company's will be allotted so much power they can use on the meter. Once they hit that amount of usage the power will either be shut off or they can trade with someone else for their shares making it a valuable asset this permission slips for x amount of electricity.
So to me it will be a bidders market for any additional power required. It actually sounds pretty pro active if they want to start reducing their electric usage now. Our industry has been promoting electric and many have converted from LP to electric already.
So there could possibly be a bunch of electric trade ins with lower values if the cap and trade law goes into effect.
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