BusinessBrief.com » No stopping EPA from regulating greenhouse gas

No stopping EPA from regulating greenhouse gas

August 11, 2010 by tguay
Posted in: In this week's e-newsletter, Latest News & Views, Legal & Compliance


There’s no stopping EPA now from regulating greenhouse gas (GHG) emissions.

The last two chances to stop EPA have failed.

First, the Senate has killed plans to bring proposed GHG cap-and-trade legislation to vote.  There are just not enough votes to overcome opposition to any plan that would put a price (i.e. tax) on carbon emissions. Failure by the Senate to act on cap-and-trade gives EPA a free hand to regulate as it sees fit.

Second, EPA has rejected several petitions from global warming denier groups that had hoped to derail the regulatory freigh train.

The petitions had challenged what’s known as EPA’s “endangerment finding” that concluded that the unrestrained release of GHGs creates a risk to public health and welfare. It’s this finding that cleared the way for EPA to use the Clean Air Act to regulate these releases.

The main thrust of the petitions challenged the science EPA used to justify its regulations. But EPA has flatly rejected assertions that it has relied on any flawed science.

Starting in January, the 16,000 facilities have to start reducing carbon dioxide (CO2) and other emissions that contribute to global warming. Once this first round of rules is established, EPA says it will then consider regulating most industrial facilities and even six million small businesses.

  • Share/Bookmark


BusinessBrief.com delivers the latest business news once a week to the inboxes of over 180,000 executives.

Click here to sign up and start your FREE subscription to BusinessBrief!


advertisement


Tags: , ,

One Response to “No stopping EPA from regulating greenhouse gas”

  1. David E. Bruderly PE Says:

    The USEPA is moving to regulated a validated source of pollution that Republican Senators and Representatives refused to recognize; opposition to climate legislation was based on short-tsighted and extremely simplistic political ideology founded on total ignorance of science and the ability to understand the physical forces that regulate and thus control global climate. Given the opportunity to implement rational price-signals and a business-friendly approach that would empower individuals to use the power of market capitalism to solve the greenhouse gas emission problem, the Republican Party and its’ loyal members in Congress blew it. Don’t blame Democrats or Obama for this regulatory initiative, blame the US Chamber of Commerce and myopic industry executives for failing to be honest with themeselves, not to mention their employees and the American public.

Leave a Reply

IMPORTANT! To be able to proceed, you need to solve the following simple math (so we know that you are a human) :-)

What is 5 + 6 ?
Please leave these two fields as-is:

advertisement

Stock Quotes

NASDAQ2915.86  chart+0.00
S&P 5001349.96  chart+2.91
GOOG609.85  chart+0.00
NOVL0.00  chart+0.00
MSFT30.66  chart+0.00
PFE21.01  chart+0.00
2012-02-08 17:30

Whitepapers