This summer marked a pivotal moment for the energy industry. In June, the U.S. House of Representatives approved the American Clean Energy and Security Act (ACES), a.k.a., the Waxman-Markey...
would result in "increasingly less efficient and [less] reliable power plants and increased environmental degradation."
The Clean Power Group believes a multipollutant cap and trade program without NSR would yield lower emissions than a conventional program with NSR.
On October 3-4, stakeholders to the multi-pollutant bill will have convened to discuss levels/ timing, technology, trading/ markets, and compliance/ measurements for each of the four pollutants, according to the meeting program.
From those meetings, there will certainly have begun to emerge the financial cost to the industry to meet the new EPA requirements, with or without the benefit of science or the proper technology.
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