Cap and trade, carbon tax... So many solutions to the non-problem.
The EPA’s proposed rules for new power plants would set strict carbon emissions limits that would effectively outlaw the construction of new coal-fired power plants, unless they use carbon capture and sequestration technology — which isn’t commercially available. Natural gas-fired power plants will be the only major fossil fuel source able to comply with the EPA’s rule.
The agency is set to release rules for existing power plants in June 2014. McCarthy promised states “flexibility” with these new rules on older power plants.
“EPA next June will propose new standards that will also provide significant flexibility to the states that will protect public health from carbon pollution from existing power plants,” McCarthy said on Monday at an event at the liberal Center for American Progress.
However, nine east coast states are lobbying the EPA to allow states the ability to use cap-and-trade systems to reduce carbon emissions. Others have called for the agency to allow states to impose a carbon tax to reduce emissions.
Nine east coast states that make up the Regional Greenhouse Gas Initiative urged the EPA to allow states “to develop market-based greenhouse gas (GHG) emission reduction programs designed to work for their region(s).”
Earlier this year at an EPA field hearing in Washington, D.C., Brookings Institution scholar Adele Morris urged the agency to give states a menu of options to choose from when reducing carbon emissions, including a carbon tax.
“EPA could … say, ‘well, states, if you want to do an excise tax on carbon, here’s the price point that EPA views as equivalent to those other measures,’” Morris told the Hill newspaper.
Read more: http://dailycaller.com/2013/12/03/states-wary-of-epas-promise-of-flexibility-on-carbon-dioxide-limits/#ixzz2mXANiz8l
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