Luminant CEO Mac McFarland
Luminant Chief Executive Officer Mac McFarland appeared before the Texas House of Representatives Committee on Environmental Regulation Monday to offer the company’s perspective on the Environmental Protection Agency’s proposed greenhouse gas rule.
The Committee invited testimony from power generators, regulatory agencies and consumer groups to gather information on the impact that the proposed rule will have on the state’s energy market.
McFarland explained how the rule oversteps the Clean Air Act, would extend the EPA’s authority to encroach on the Texas economy, electricity market and potentially other industries, and would cost residential customers as much as $400 more per year. Read the full statement here.
Luminant first presented detailed comments on the proposed rule in August before a joint workshop called by the Public Utility Commission of Texas and attended by the Railroad Commission of Texas and the Texas Commission on Environmental Quality.
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