EPA Strengthens Final ESPS And Sees Coal Generation Taking A Bigger Hit

The Obama administration is unveiling final greenhouse gas (GHG) standards for the existing power fleet Aug. 3 that are expected to cut emissions by 32 percent from 2005 levels by 2030, a steeper decline than the 30 percent cut envisioned by the proposed version, due largely to a larger decline in coal use and greater use of renewables. Some of the change is due to steps the administration took in the final version of the rule. For example, the final...