Date of this Version
Cornhusker Economics (April 2, 2014)
In 2013, President Obama directed the Environmental Protection Agency (EPA) to begin developing rules limiting carbon emissions from coal and natural gas power plants. Proposed EPA rules to limit carbon emissions from existing power plants are due in June 2014, with final rules issued a year later. At the same time, EPA will issue proposed guidelines for states to regulate carbon emissions from existing power plants, with final guidelines issued in 2015. State power plant carbon rules will be due in 2016. This ambitious schedule, if achieved, will significantly reduce United States greenhouse gas (GHG) emissions. This newsletter examines the proposed utility carbon rules and explores how the state of Nebraska might comply with them.