The following comment was offered from Public Service Enterprise Group chairman and CEO Ralph Izzo on the Environmental Protection Agency's proposed carbon pollution standards:
"While we would have preferred that Congress enact legislation limiting greenhouse gas emissions, the EPA took an important step today in addressing the significant environmental threat posed by climate change.
"The agency's action establishes a logical and modest standard for new electric power plants and provides the industry with much needed regulatory certainty. The EPA provides a framework for the industry to confront this problem in a cost effective manner...."