Emissions Cap Fuels Committee
13 Jul 2010 03:07:01
The Obama administration has proposed tougher air pollution rules for 31 states from Massachusetts to Texas to curb smog and acid rain, but this may lead energy companies to shut some power plants. The rules are set to take effect in 2012.
American Electric Power Co, who are among the few that may be affected by the regulations, announced last week that they will form part of the NGU US committee along with Cyrus Wadia the senior policy analyst for renewables at the Whitehouse.
As of yet it is unsure if the new regulations will result in the shutting down of plants, but those who do not meet with standards will have to work hard to resolve the situation. An emergency meeting has been called at the NGU US Summit to discuss regulations and the renewable solutions for a greener future.
The EPA also proposed two alternative approaches to emission caps, one that would permit emissions trading only within a state and another that would enable a company to trade pollution rights among its own power plants.
The NGU US Committee consisting of representatives from AEP (American Electric Power) - Nick Atkins, EVP Generation, Austin Energy - John Baker, Chief Strategy Officer, EDF - Christian Chapus, Senior Manager, National Grid - Edward White, Jr., VP Energy Policy, and Cyrus Wadia the senior policy analyst for renewables at the Whitehouse want to develop low-cost, high-efficiency technologies to spark a wave of adoption, create companies and jobs. Innovation is America's natural advantage; the committee believes that with the resources available in the US innovative expertise can be exported worldwide as other countries seek to adopt cost-effective technologies.
There is no denying that well-designed legislation to reduce carbon emissions in electricity and petroleum could enable the development of substantially. Tom McDonnell the NGU Project Director commented that
It has been proposed that better alternative technologies will require electricity providers to use a minimum percentage of energy from renewable sources. If this standard were modified to allow low-carbon electricity from any source, not just renewable, with carbon emissions that are 80 percent lower than coal, it could get support from nuclear, natural gas and even coal advocates. Will opening the playing field like this increase competition and drive down prices or draw focus from the emissions goal?
for more information visit http://www.ngusummitna.com/