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Sep 14, 2015

Clean Power Plan Emphasizes Carbon Trading

The EPA’s Clean Power Plan (RIN2060-AR33), released August 3, 2015, sets individual state emissions targets allows states to craft their own plan to meet those requirements.  In the rule, the EPA has also proposed a model federal plan which it will impose on states that choose not to submit their own. The federal plan focuses entirely on emissions trading, and it is widely anticipated that states that choose to implement their own plan will follow suit.  The EPA has previously enacted trading schemes for emissions of conventional pollutants, such as sulfur and nitrogen, but those programs were established under separate… Read more