EPA’s proposed replacement for the Clean Power Plan, dubbed the “Affordable Clean Energy” rule, or “ACE,” is now open for comment. In short, the rule requires states to develop efficiency standards for fossil fuel-fired power plants with the intent of reducing greenhouse gas emissions. Coal-fired power plants, and those involved in the production of coal, have a keen interest in the rule for obvious reasons—ACE targets them directly and could require capital projects costing millions.
Continue Reading EPA’s Replacement for the Clean Power Plan (the Proposed Affordable Clean Energy Rule): Potential Impacts to the Oil and Gas Industry