Bloomberg: The Edison Electric Institute, which represents investor-owned utilities, wants the free carbon- dioxide permits under a proposed “cap-and-trade” program for greenhouse gases to continue for nearly three decades. Cap-and-trade legislation being debated in Congress would enter force in 2012 and eliminate free permits to the electricity sector between 2025 and 2030, allowing a greater share to be auctioned by the federal government. EEI wants a “longer phase-out period,” Tom …