Entergy CEO: Climate Change Top Issue For Industry

CHUCK BARTELS

LITTLE ROCK, Ark. (AP) — Entergy Corp. Chairman and Chief Executive J. Wayne Leonard told shareholders Friday that climate change is the biggest issue the energy industry has ever faced, and that producers and policymakers have to come to agreement on affordable solutions.

Speaking at the New Orleans-based utility's annual meeting in Little Rock, Leonard said wind energy and other proposed alternatives are too expensive to be practical as replacements for coal and natural gas for generating electricity.

"We all would like to get to a place where we're not burning fossil fuels," Leonard said. "We're not going to get there in our lifetimes." ...