After celebrating the good news out of the US on new EPA regulations to cut carbon pollution from power plants, ECO has taken the time to take a second look at the proposed plan.
The good news is that the plan looks like the real deal – it will lower emissions and put the US on the right path. The puzzler is why the administration is leaving the low-hanging fruit on the tree. Analyses suggest there are far more gains to be achieved – in both emissions reductions and cost savings – by fully harnessing energy efficiency measures and renewable energy resources. The U.S. power sector is already well on its way to meeting the EPA’s draft 2030 target. ECO thinks the US should aim much higher, introducing other regulations to further reduce emissions.
