The EPA’s upcoming carbon rule for existing power plants will likely cut greenhouse gas emissions by 25 percent, encourage carbon-trading programs on the East and West Coast — and draw legal challenges from some utilities, the Washington Post reports.
Key pieces of the proposed rule, which will be released on June 2, are still under discussion, according to the newspaper, citing “several individuals briefed on the matter.” And while the current draft would reduce greenhouse gas emissions by a quarter, the baseline for that cut has not been finalized, the sources say.
According to the Washington Post, the EPA plan is similar to proposals made by the Natural Resources Defense Council to allow companies and states to pursue new renewable energy and energy efficiency projects away from power plant sites, in addition to other measures, to meet their carbon reduction target.
The air pollution rule for existing power plants is the cornerstone of President Obama’s Climate Action Plan.
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