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Article: Utility Industry Hits Cost of Acid Rain Bill
- Article from:
- The Washington Post
- Article date:
- August 31, 1989
CopyrightThis material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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President Bush's proposed legislation to reduce acid rain will
cost more than $5.5 billion a year and force electric rate increases
of 5 to 10 percent in many states by the year 2000, the utility
industry asserted yesterday, calling the costs excessive and
unnecessary.
The industry estimates are about one-third more than
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