On June 18, 2014, the U.S. Environmental Protection Agency (EPA) published its proposed greenhouse gas emission reductions rule for existing fossil fuel-fired power plants. 79 Fed. Reg. 34,830. Once final, this rule will broadly affect energy generation, transmission, distribution, and use throughout the country, giving EPA the potential to exercise significant control over the economy. This article outlines the central features of the proposal, with the caveat that EPA requests comment on alternative approaches for many of the provisions. The 120-day comment period is set to close on October 16, 2014.
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