“For the first time ever, power plants will be subject to regulatory controls on their carbon emissions,” said Maureen Gorsen, partner in the firm’s Environmental and Land Use Group, in reference to the President’s Climate Action Plan. “In this plan, [the Environmental Protection Agency] is setting baselines and goals for each state to reduce their CO2 emissions. Once adopted, each state will develop plans and [implement] regulations to achieve those goals in each state.”
In its article “Clean Power Act Means Changes for Power Plant Compliance,” Inside Counsel reports that businesses such as power plants (especially those that run on coal) and large manufacturers need to take a look the plan’s requirements and prepare for future compliance issues.
“Companies should anticipate needing to develop plans to retire or retrofit plants or facilities and to develop implementation plans so that if and when the obligation comes, they can do it in the most economical way possible,” said Gorsen. “Large energy users, such as manufacturers [and] data centers, should do the same to be able to weather any price hikes in energy.”