Abstract

Balancing environmental responsibility while promoting efficient restructing of the electric power sector is a primary challenge facing energy companies such as American Electric Power (AEP). These are issues that transcend the confines of business operations or regulatory procedures, belonging instead at the forefront of national (and global) policy on energy and the environment. Aligning effective corporate environmental strategy with good business sense relies upon a sound policymaking framework, and toward this end, a recent AEP analysis revealed several unrealistic assumptions and undesirable economic impacts of the emerging direction of environmental policy in the power sector. This study also identified numerous policy options that could lead to more feasible and sustainable alternatives for an environmentally concious, prosperous future.

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