EQT CEO Raises Concerns Over Proposed Carbon Capture Regulations
EQTEQT(EQT) zacks.com·2024-05-22 01:30

EQT Corporation (EQT) CEO Toby Rice expressed enthusiasm about the current trends in the natural gas market but voiced concerns over proposed regulatory changes by the Biden administration that could potentially hinder U.S. energy growth. Speaking in an interview with CNBC on Monday, Rice highlighted the potential impact of new regulations that would mandate carbon capture technology for more than 90% of coal and natural gas facilities by 2032.The Biden administration is proposing new regulations that would ...