EPA Carbon Rule Could Lead States to Cap-and-Trade Programs
Posted on Jun 3, 2014 in Climate Change, Energy Savings Programs, Environmental, Grid & Infrastructure, Legislative & Politics, Regulation & Policy, Reliability | Comments Off on EPA Carbon Rule Could Lead States to Cap-and-Trade Programs
The U.S. Environmental Protection Agency’s (EPA) proposed regulations requiring a 30 percent reduction in carbon emissions from existing power plants by 2030 outlines several approved ways for states to reach the targeted reductions. However, some experts believe that most states will likely focus on achieving compliance through cap-and-trade systems. Because the electricity grid operates on a regional basis, cap-and-trade systems that encompass several states at a regional level may be the preferred option. Read more here (subscription required).
