| Coal-heavy states and companies have centered their political challenges to U.S. EPA's Clean Power Plan on arguments that the rule is unachievable. But those arguments didn't fare well this week in front of federal judges.
A range of studies have shown that many states' power companies are already near the 2030 greenhouse gas levels EPA has assigned. Those that are not could use carbon trading to get there while keeping costs low for consumers. The rule would allow companies that do not shut down enough coal units to reach their own carbon levels to purchase allowances or credits from companies with greener portfolios.............................................Full Article: Source |