Obama Said to Ban New Coal Plants Without Carbon Controls [View all]

[Hissyspit]

Source: Bloomberg News

@BloombergNews: Exclusive: President Obama said to ban new coal plants that lack carbon controls: sources | http://t.co/1NfuwkRncy

Obama Said to Ban New Coal Plants Without Carbon Controls

By Mark Drajem
September 11, 2013 12:15 PM EDT

New coal plants would need to install expensive equipment to limit climate-change emissions under a proposal the U.S. Environmental Protection Agency is close to issuing, according to people familiar with the plan.

The EPA agreed to revise a similar proposal from last year in response to opposition by utilities and coal producers who said it would effectively kill coal as a power source. The new version will be structured differently, though offers little solace to plant operators, according to the people who have been briefed by officials and asked not to be identified before the public release.

The rules, the subject of intense lobbying by the industry, are under review by White House officials, and could be reworked before the Sept. 20 scheduled release. The revised standard would retain a provision letting utilities phase-in the capture technology over time, one person said.

Relying on carbon capture to limit coal emissions is challenging because the technology is unproven and it’s too expensive, according to the industry.

Read more: http://mobile.bloomberg.com/news/2013-09-11/obama-said-to-ban-new-coal-plants-without-carbon-controls.html