If we have a new legislation that significantly reduces emissions of SO2, NOx and mercury, we can eliminate many of the individual programs that apply to the power generation sector and replace them with a system that will reduce the administrative burden on industry and governments, use market-based incentives to keep compliance costs low, and provide the industry with more certainty about its future regulatory obligations.
If the emissions were reduced then there would not be a need for as many programs, which in turn could use the funding towards ways to keep costs down.
But employers on the panel scuttled all concrete measures to return choice to consumers.