The residential ratepayer's rates would double, and industrial rates will rise by approximately half a million dollars per month as a result of the carbon rule. And the deadline that (the federal government) has set for us to reduce our carbon footprint is absurd," he added. "And we can't do that while still providing our customers with energy that is safe, dependable, and affordable."
Guthrie and Berry both opined that the U.S.'s strict rules and rising expenses may force businesses to go abroad. Guthrie stated, "If we're unreasonable, it will drive industry to other nations that have less stringent environmental regulations than we have, which generates problems. "If you take it too far, it will also have a negative effect on the climate." "We're not against trying to do something for the climate," Berry continued. Our concern is that these industrial customers will just move their factories to another nation when we start hiking rates for them. The result is that you actually raise emissions since many other nations lack the same environmental protections that we do.