http://www.nytimes.com/2011/07/14/business/energy-environment/utility-shelves-plan-to-capture-carbon-dioxide.html?nl=todaysheadlines&emc=tha2

"Company officials, who plan an announcement on Thursday, said they were dropping the larger, $668 million project because they did not believe state regulators would let the company recover its costs by charging customers"

That sounds like state control, not free markets.

Electrical Utilities often have to apply for approval to regulatory boards for rate changes.

I was just reading that article.  It's ironic because they couldn't justify continuing with their carbon capture and storage (CCS) project because of the lack of a carbon price.  But the inevitable lack of a carbon price is going to make CCS a necessity to keep coal plants running in the future.

Basically, by blocking a carbon pricing system, Republicans have accelerated the death of the coal industry.  I guess that's a silver lining to this particular cloud, but it would still be nice to have the technology as a viable option.