360° Coverage : EPA to seek to cut power plant carbon by one-third

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EPA to seek to cut power plant carbon by one-third

Jun 1 2014, 7:02pm CDT | by

WASHINGTON (AP) — The Obama administration on Monday will roll out a plan to cut earth-warming pollution from power plants by 30 percent by 2030, setting in motion one of the most...

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20 weeks ago

EPA to seek to cut power plant carbon by one-third

Jun 1 2014, 7:02pm CDT | by

WASHINGTON (AP) — The Obama administration on Monday will roll out a plan to cut earth-warming pollution from power plants by 30 percent by 2030, setting in motion one of the most significant actions to address global warming in U.S. history.

The rule, which is expected to be final next year, will set the first national limits on carbon dioxide, the chief gas linked to global warming from the nation's power plants. They are the largest source of greenhouse gases in the U.S., accounting for about a third of the annual emissions that make the U.S. the second largest contributor to global warming on the planet.

The regulation is a centerpiece of President Barack Obama's plans to reduce the pollution linked to global warming, a step that the administration hopes will get other countries to act when negotiations on a new international treaty resume next year.

"The purpose of this rule is to really close the loophole on carbon pollution, reduce emissions as we've done with lead, arsenic and mercury and improve the health of the American people and unleash a new economic opportunity," said Frances Beinecke, president of the Natural Resources Defense Council, which has drafted a plan that informed the EPA proposal.

Yet the rule carries significant political and legal risks, by further diminishing coal's role in producing U.S. electricity. Once the dominant source of energy in the U.S., coal now supplies just under 40 percent of the nation's electricity, as it has been replaced by booming supplies of natural gas and renewable sources such as wind and solar.

Hal Quinn, president of the National Mining Association, said Sunday that the regulation is "really designed to drive out low-cost electricity and replace it with higher-cost, more expensive and less reliable electricity."

The White House said Obama called a group of Democrats from both the House and Senate on Sunday to thank them for their support in advance of the rule's official release, which is expected to be rigorously attacked by Republicans and make Democrats up for re-election in energy-producing states nervous.

Environmental Protection Agency data shows that the nation's power plants have reduced carbon dioxide emissions by nearly 13 percent since 2005, or about halfway to the goal the administration will set Monday. But with coal-fired power plants already beleaguered by cheap natural gas prices and other environmental regulations, experts on Sunday said getting there won't be easy. The EPA is expected to offer a range of options to states to meet targets that will based on where they get their electricity and how much carbon dioxide they emit in the process.

The options include making power plants more efficient, reducing the frequency at which coal-fired power plants supply power to the grid, and investing in more renewable, low-carbon sources of energy. In addition, states could enhance programs aimed at reducing demand by making households and businesses more energy-efficient.

Obama has already tackled the emissions from the nation's cars and trucks, announcing rules to reduce carbon dioxide emissions by doubling fuel economy. That standard will reduce carbon dioxide by more than 2 billion tons over the life of vehicles made in model years 2012-25. The power plant proposal will prevent about 430 million tons of carbon dioxide from reaching the atmosphere, based on the 30 percent figure and what power plants have already reduced since 2005.

The EPA refused to confirm the details of the proposal Sunday. People familiar with the proposal shared the details on condition of anonymity, since they have not been officially released.

Beinecke and Quinn spoke Sunday on ABC's "This Week," before details of the proposal became public.

The proposal was first reported Sunday by The Wall Street Journal.

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Associated Press writer Josh Lederman contributed to this report.

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Follow Dina Cappiello on Twitter at http://www.twitter.com/dinacappiello

 
Update
2

7 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,000 by 30 pe ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

7 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 and MH17" hits ho ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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