Where Does EPA's New CO2 Standard Leave Us?

Law360, New York (May 3, 2012, 2:12 PM EDT) -- On March 27, 2012, the U.S. Environmental Protection Agency (EPA) released a much-anticipated proposal to set output-based limits on carbon dioxide (CO2) emissions from new fossil fuel-fired power plants. The EPA’s proposal, titled “Standards of Performance for Greenhouse Gas Emission from New Stationary Sources: Electric Utility Generating Units,” is as interesting for what it does not do as for what it does, and in many ways reflects upon the future of carbon capture and sequestration (CCS) and whether there is any long-term U.S. climate policy....
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