Tag: Greenhouse Gas Targets

By Jake Fogleman | The Independence Institute The regulatory noose around Colorado’s natural gas utilities just got a whole lot tighter, and captive ratepayers stand to bear the brunt of the economic pain. The Colorado Public Utilities Commission (PUC) on Monday issued a formal decision updating the state’s emissions targets under its first-in-the-nation “clean heat plan” law. The decision established by rule that Colorado gas utilities must reduce their greenhouse gas emissions by 41 percent compared to 2015 levels by 2035, expanding upon the existing 22 percent by 2030 target set in statute. Furthermore, the commission opted to go beyond what the underlying statute required by flirting with a total phase-out of natural gas. Despite claiming it was not setting any fur...