Winners & Losers in Energy Regulation

Winners & Losers in Energy Regulation

The Obama Administration recently rolled out a final version of its controversial Clean Power Plan (CPP) regulation to combat global warming over the next two-plus decades. On Aug. 24 President Obama outlined a series of executive actions in support of the plan in a speech at the National Clean Energy Summit held in Las Vegas. 

The U.S. Environmental Protection Agency (EPA) has released the final rule on the Clean Power Plan (CPP), which calls for sweeping curbs on carbon pollution in the U.S. while promoting clean technology substitutes such as renewables.

The Clean Power Plan aims to cut carbon dioxide emissions from existing power plants by some 32 percent by 2030. The EPA rule will require all 50 states to make their own cuts in carbon emissions by switching from coal-fired electric generation plants to natural gas generation, adopt “clean energy technologies” like solar, wind and geothermal and increase overall energy efficiency while reducing energy waste. View the White House statement on the President’s executive actions in support of the CPP.

CLICK HERE TO READ MORE OF WHAT THE CLEAN POWER PLAN MEANS TO THE ENERGY SECTOR.

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