McCarthy said that the EPA would publish a model system for trading such services, but added that states could set up independent energy efficiency and emissions credit marketplaces that the EPA could monitor as a way to meet emissions goals.
We expect EPA to factor efficiency and renewable energy into the final targets like they did in the proposal.
The Ceres campaign comes just four days after President Barack Obama announced a new partnership with 13 of the country’s largest companies to invest $140 billion in new low-carbon initiatives and more than 1,600 megawatts of new renewable energy.
Advocates from PennEnvironment, Moms Clean Air Force, Interfaith Power and Light, and the Sierra Club also spoke in support of the Clean Power Plan, which will set state-by-state targets to cut coal power plant emissions of greenhouse gases by up to 30 percent.
“The study concluded that coordinating individual state plans in a regional market where energy flows without respect to state boundaries and benefits are shared regionally will be extremely challenging and risky for states”, SPP said. The ultimate issue of whether the EPA has the authority to promulgate the disputed emission standards pursuant to § 7411(d) must be decided by the court with exclusive jurisdiction over these matters, and that court is the D.C. Circuit.
The U.S. Environmental Protection Agency (EPA) is slated to release the final version of its Clean Power Plan, regulating emissions from existing power plants, any day now. But given that the Supreme Court has ruled EPA is required by the this law to limit climate pollution, and that Congress has failed for decades to tackle the problem, those opponents have an obligation to explain how they would make the same progress in other ways.
And this isn’t the only case of cost-benefit analyses differing from the EPA’s.
In the last midterm election cycle, corporate polluters and their allies spent $721 million to secure an industry friendly agenda in Congress. The allies of these polluters will do and say whatever it takes to prioritize polluter profits over public health.
We will generate enough renewable energy to power every home in America within 10 years of my taking office. Which is pretty soon – especially if states have longer to curb their power plant emissions. The proposal also underestimated the potential for energy efficiency, the cheapest source of new electricity generation. He is a national advocate for clean energy and transportation policies and a driving force behind UCS’s “Power Ahead” campaign to build a large and diverse group of clean energy leadership states. Bills also would be lower under a clean-power path model developed by the Georgia Institute of Technology. Continued natural gas growth holds “significant promise”, the report said, but the state should be careful “about changes that simply transition from over-reliance on one resource” – coal – to over-reliance on another.
But meeting the 26-28 percent target will ultimately require comprehensive action across the economy. Barlow said state air regulators already trade sulfur permits this way.
There’s a big debate over what the economic costs of EPA’s proposed Clean Power Plan would be – with many studies reaching different conclusions. All of which raises the very important question of why the EPA is asking states at this time to propose their own compliance plans in the first place…
SPP staff was directed in January to conduct regional and state-by-state compliance assessments of the draft Clean Power Plan. The U.N.’s Intergovernmental Panel on Climate Change, for example, has said the warming of the planet is “unequivocal”, citing a range of evidence that includes temperature measurements, melting glaciers, declining sea ice and increased concentrations of greenhouse gases.