What To Watch For As White House Unveils Carbon Rules
Law360, New York (May 29, 2014, 7:23 PM EDT) -- Whether one believes they're the key to combating climate change or a war on coal, the rules capping carbon emissions from existing power plants that President Barack Obama is poised to unveil Monday will fundamentally alter how energy is produced and consumed in the U.S.
Power plants are the biggest emitter of greenhouse gases in the U.S., so the rules crafted by the U.S. Environmental Protection Agency are the most sweeping — and controversial — portion of Obama's climate action plan.
"EPA is proposing nothing short of national energy policy," Vinson & Elkins LLP partner Eric Groten said. "All the stakeholders...
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