EPA Faces Likely Hurdles In Bid To Use NSPS Authority For GHG Trading

EPA is seeking $7.5 million in its fiscal year 2011 budget to use existing Clean Air Act authority to issue new source performance standards (NSPS) for greenhouse gases (GHG) that may include a cap-and-trade system, a move that could spark a fight with some lawmakers who staunchly oppose EPA using its air law trading authority for GHGs. The agency in its FY11 budget justification to Congress seeks $43.5 million in new funding for a slew of GHG rules, with $7.5...