Last week, I weighed in on the EPA’s recently proposed carbon regulations for existing power plants in The Atlanta Journal Constitution. Here are some excerpts:
EPA’s proposal represents one of the largest regulatory efforts in our nation’s history, fundamentally altering the way we power our homes and business. Georgia has traditionally relied on a diverse electricity portfolio drawing roughly one-third of its power each from coal, natural gas and nuclear. This diversity helps contribute to better reliability and more stable electricity prices. EPA’s proposal, however, would force Georgia to turn away from this sound approach.
Under EPA’s proposal, Georgia would be required to reduce the carbon emissions rates of its electric plants by 44 percent – the sixth-largest emissions reduction requirement of any state. EPA assumes Georgia can accomplish this by reducing its electricity from coal by 34 percent; increasing electricity from non-hydro renewable energy sources by more than 200 percent; and reducing consumers’ electricity use by more than 10 percent. These assumptions are unrealistic at best and unachievable at worst.
EPA acknowledges that its plan would increase electricity rates but the plan, released just last month, is more than 1,600 pages long so its impacts are still being studied. The Natural Resources Defense Council (NRDC), however, issued a model plan that EPA lifted heavily from to shape their own proposal.
What is already clear about EPA’s proposal is that it will hurt many states, businesses and workers. Unfortunately, there has been little time to fully analyze the proposal. As a first step, the EPA should extend their comment period, add more public hearings, and include opportunities for stakeholders to ask questions.