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Monday, September 23, 2013

EPA's tighter rules for centralized plants

We know there will be some mixed reviews on this new regulation.  Some will see it as boasting the future costs of energy.  Some will see it as making the US non-competitive in terms of power plant production as countries like China are bringing new coal-fired plants on line at an alarming rate.

However, we see this new regulation as an important first step in modernizing our centralized grid systems and addressing one of the core contributors to air pollution.  We believe it will give griid operators, all of whom seem to enjoy huge profits, the right economic incentives to switch their facilities to cleaning burning fuels, like natural gas, and to invest heavily in diversifying more into renewable sources and to transform their plants to smart grids.

What do you think?

"Today's announcement by EPA Administrator Gina McCarthy is an important step forward for our nation and our planet. From now on, future coal- and gas-fired power plants must take responsibility for their global warming pollution by reducing or capturing their overall emissions.
This is a critical achievement for President Barack Obama and his administration. In the face of an intransigent and inactive Congress, the President has made halting the climate crisis a priority. The policies announced today, combined with the rest of the President's Climate Action Plan, will put us on the path toward solving the climate crisis, but Congress must also soon face the reality of the situation.
Three years ago, Congress failed to put a price on carbon and, in doing so, allowed global warming pollution to continue unabated. We have seen the disturbing consequences that the climate crisis has to offer -- from a drought that covered 60% of our nation to Superstorm Sandy which wreaked havoc and cost the taxpayers billions, from wildfires spreading across large areas of the American West to severe flooding in cities all across our country -- we have seen what happens when we fail to act. We need a price on carbon. We need it now.
This is a historic step in the right direction. Head to the EPA's website for more information on the announcement."

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