EPA Submits Proposed Model Trading Rules Regarding Clean Power Plan
The U.S. Environmental Protection Agency (EPA) submitted model trading rules that provide an optional path for states implementing the Clean Power Plan (CPP) to the White House’s Office of Management and Budget for review. Although the CPP has been placed on hold by the U.S. Supreme Court, the EPA noted that sending the rules to the office follows a routine rule-development process. Ultimately, the model trading rules are designed to present options for states to flexibly and affordably implement the CPP.