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The U.S. Environmental Protection Agency recently released a new proposal to cut emissions from existing power plants, aptly titled the Greenhouse Gas Standards and Guidelines for Fossil Fuel-Fired Power Plants. The EPA’s third attempt to regulate carbon dioxide emissions from power plants will affect a select set of new and existing fossil fuel-fired turbines, including natural gas-powered plants, with its new standards and emissions guidelines. To successfully fall within these new parameters, the proposal recommends the use of “proven, cost-effective control technologies” to utilities, such as carbon capture and storage (CCS) technology.
In its current state, the proposal marks the most aggressive carbon standards suggested by the EPA for the power sector.
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