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EPA Drafts Clean Power Plan Rollback
EPA Drafts Clean Power Plan Rollback
May 30, 2017
by Margarita Fournier, Copyright 2016 by Competitive Assets, LLC. All rights reserved
Under pressure from various stakeholders, the U.S. Environmental Protection Agency (EPA) is having to change its landmark Clean Power Plan. As reported by UtilityDIVE, an “initial rulemaking draft to rescind the Clean Power Plan is now circulating at the Environmental Protection Agency and officials are developing an economic analysis of the Obama-era regulation, according to a report from E&E News. While the draft language reportedly focuses on the agency’s authority to roll back the Obama environmental rule, questions of how—or whether—to replace the rule have not yet been decided. The E&E based the report on an anonymous administration source ‘with knowledge of the document.’ The EPA did not respond. The economic analysis is likely to estimate that the cost of the Clean Power Plan would be much higher than the Obama administration’s estimate of $5 to $8 billion. On Thursday, EPA Administrator Scott Pruitt said the rule would have cost $292 billion, citing numbers in a report prepared for the coal lobby.”
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