Lower Electrical Bills Will Save States Money on CO2 Regs., Report Finds
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Budget & Policy
Lawmakers Call on OMB to Return CO2 Regs if Timeline Unchanged
Abby L. Harvey GHG Monitor 7/24/2015 Republican lawmakers from both chambers this week requested the Environmental Protection Agency’s carbon emissions standards for existing coal-fired power plants, which were submitted to the Office of Management and Budget for finalization in June, be returned to the EPA if the draft final version of the regulation “would compel […]
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Budget & Policy
Government of Alberta Releases CO2 Offset Protocol for CCS Projects
Abby L. Harvey GHG Monitor 7/24/2015 The Alberta provincial government in Canada this week released an offset protocol for carbon capture projects utilizing deep saline aquifers for long-term carbon storage. Under the new protocol, companies that employ carbon capture and storage technology can receive carbon offset credits for their stored carbon. “Carbon capture and storage […]
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Budget & Policy
Social Cost of CO2 Allows Inflation of Value of Regulations, Skeptics Say
Abby L. Harvey GHG Monitor 7/24/2015 Flaws in the models employed to calculate the “social cost of carbon,” a measure used by regulatory agencies in investigating the environmental costs and benefits of regulations, have inflated the perceived benefits of various costly rules, panelists said this week at a hearing of the House Committee on Natural […]
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Budget & Policy
EU Proposes ETS Reform in Step to Meeting Global Pledge
Abby L. Harvey GHG Monitor 7/24/2015 The European Commission last week released its proposed revision of the Emissions Trading System (ETS), which is intended to deal with an ongoing surplus of allowances within the system and will serve as a key step toward the EU’s global climate commitments. The reform would develop a market stability […]
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Budget & Policy
CO2 Solutions Demonstration Project Meeting Expectations, Company Says
Abby L. Harvey GHG Monitor 7/24/2015 After more than 500 hours of operation, the CO2 Solutions carbon capture demonstration project at Salaberry-de-Valleyfield, near Montreal, Québec, remains on target to meet performance expectations, the company said in a press release last week. The project has been operational since June 19 and is expected to conclude its […]
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Budget & Policy
Southern State Legislators Urge Noncompliance with CO2 Regs
Abby L. Harvey GHG Monitor 7/24/2015 Pressure for southern states to refuse compliance with the Environmental Protection Agency’s proposed carbon emissions standards for existing coal-fired power plants increased this week with the release of a policy position by the Southern Legislative Conference. The conference, consisting of state legislators from Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, […]
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Budget & Policy
Wrap Up
GHG Monitor 7/24/2015 IN INDUSTRY The Mississippi Public Service Commission (PSC) will hold a hearing Aug. 3 to consider Mississippi Power’s request to increase rates to recover funds related to the company’s Kemper County Energy Facility. Kemper, once completed, will be a first-of-its-kind new-build coal-fired power plant. Through the use of carbon capture and storage […]