Exelon seeks carbon output cuts

NEW YORK, NEW YORK - Exelon Corp, the largest U.S. nuclear power operator, said it would seek to slash carbon output from its own operations and those of its customers by 15 million metric tons per year by 2020.

The plan seeks to reduce or offset emissions of the carbon dioxide gas blamed for contributing to global warming by the equivalent of removing 3 million cars from the roads, the company said.

Nuclear power plant operators have long supported efforts to trim carbon dioxide emissions because their power plants emit virtually none of the greenhouse gas, in contrast to coal-fired power plants which are among the nation's top emitters of carbon.

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“It’s freakishly cold,” said Eric Fell, a senior natural gas analyst with Wood Mackenzie in Houston, where record cold temperatures and snow have blanketed the city, caused rolling power outages, shut down refineries and sent both natural gas and electricity prices soaring.

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