Industry-backed study finds effects of power rules costly
A new coal industry-backed study shows that U.S. EPA's power plant rules for various pollutants would have the combined effort of driving up power costs and stressing U.S. manufacturing.
The study, commissioned by Peabody Energy Corp. and conducted by Energy Ventures Analysis Inc., found that new and proposed EPA rules for carbon dioxide, mercury, regional haze and other emissions would cause average household electricity costs to rise by more than a third. It also contended that increased reliance on natural gas due to EPA's carbon dioxide proposal would cause gas prices to grow by $107 billion in 2020 compared with what they were in 2012.
Natural gas industry, a big winner under EPA's power plant rule, says it's neutral
If implemented as proposed, the Obama administration's Clean Power Plan could be a boon to the natural gas industry. In a joint report issued this week, experts from the Center for Strategic and International Studies and the Rhodium Group found that implementation of the plan could mean billions of dollars in additional revenue for the industry, much of it at the expense of coal.
In the months since the proposed rule was launched, however, the gas industry has largely remained neutral on the rule. In previewing comments to U.S. EPA earlier this week, officials from America's Natural Gas Alliance (ANGA) said they would work with states and stakeholders on whatever regulation EPA ultimately produces.
Majority of Americans back federal action to limit power-sector carbon -- poll
A solid majority of the U.S. public supports actions akin to those proposed under the Obama administration's proposed rule for power sector carbon emissions, according to a recent survey by the George Mason University Center for Climate Change Communication.
Sixty-seven percent support strict limits on carbon dioxide from existing coal plants, the poll found. A majority of respondents supported limits even when told that electricity rates would rise as a result.
Wood energy works for states' carbon-cutting plans -- EPA
U.S. EPA has released preliminary details on how the agency views carbon emissions from burning wood and other plant-based material for energy, a position that has stood in limbo for nearly four years.