POV: Power Breakfast

Power Breakfast for July 10, 2015

Clean Power Plan still on track, EPA says; Report concludes power generators, market can quickly adapt to climate rules


POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • Environmental Protection Agency administrator Gina McCarthy defended the proposed Clean Power Plan at a House Science Committee hearing Thursday, saying “the rule’s impact would be minimal, and would lead to a reduction in utility bills in 2030, while also acting as a catalyst for UN climate negotiations late this year in Paris,” Argus Media writes. “Republicans said they were concerned the Clean Power Plan would result in electricity rate increases for low-income households, while giving developing countries like China and India a competitive advantage.”
  • Meanwhile, the power generation industry will rapidly adapt to the Clean Power Plan given “the structure of EPA’s proposed plan and large existing markets for advanced energy technologies and services that can be used as compliance measure,” according to a report from the Advanced Energy Economy Institute.
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