EPA's Proposed Rule Paves Way To Reduce GHG

Law360, New York (September 4, 2008, 12:00 AM EDT) -- The United States Environmental Protection Agency (“EPA”) has begun to pave a road that could lead to significant reductions in greenhouse gas emissions emitted from fossil fuel power plants. On July 25, 2008, EPA published a proposed rule that provides a regulatory structure for companies to inject carbon dioxide (“CO2”)into the ground after it has been captured and separated from emissions sources, a process known as carbon capture and storage (“CCS”).[1]

In theory, CCS is a boon to both coal producers and environmentalists alike, enabling Congress...
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