Analysis Group says states can cope with EPA CO2 rule

Many states already have programs to curb carbon dioxide emissions and are actually well-positioned to implement the Environmental Protection Agency (EPA) Clean Power Plan for existing power plants, according to a just-released study from the Boston-based Analysis Group.

In June, the EPA issued its plan for states to draft plans to cut CO2 emissions 30% by 2030. Hearings on the proposal started later this month and public comments are currently due in October.

The report, “EPA’s Clean Power Plan: States’ Tools for Reducing Costs & Increasing Benefits to Consumers,” is based on a careful analysis of states that already have experience regulating carbon pollution. It finds that those states’ economies have seen net increases in economic output and jobs.

“Several states have already put a price on carbon dioxide pollution, and their economies are doing fine. The bottom line: The economy can handle – and actually benefit from – these rules,” said Analysis Group Senior Advisor Susan Tierney. “Those states have shown they already have the tools available to cut CO2 emissions while generating macroeconomic benefits and protecting consumers from dramatic hikes in their energy bills,” Tierney said.

The Analysis Group team, led by Tierney and Vice Presidents Paul Hibbard and Andrea Okie, analyzed the carbon control rules already in place in several states to see what insights they might hold for the success of the national rule.

The 180-page report was released July 14.

About Wayne Barber 4201 Articles
Wayne Barber, Chief Analyst for the GenerationHub, has been covering power generation, energy and natural resources issues at national publications for more than 20 years. Prior to joining PennWell he was editor of Generation Markets Week at SNL Financial for nine years. He has also worked as a business journalist at both McGraw-Hill and Financial Times Energy. Wayne also worked as a newspaper reporter for several years. During his career has visited nuclear reactors and coal mines as well as coal and natural gas power plants. Wayne can be reached at wayneb@pennwell.com.