EPA Proposes New Rule to Cut Emissions from Existing Plants

The U.S. Environmental Protection Agency (EPA) announced on Monday that it has issued a proposed rule that would for the first time reduce greenhouse gas emissions from existing stationary sources, including coal-fired power plants.  The proposal calls for a cut in carbon dioxide emissions from existing plants to 30 percent below 2005 levels by 2030 and would be implemented through a state-federal partnership in which states will be allowed to develop state-specific (or regional) plans to meet the EPA’s broader goals.  The EPA plans to finalize the rule in June 2015, after a 120-day comment period and public hearings in Denver, Atlanta, Washington, DC, and Pittsburgh this July.  Click here for more (subscription required).

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