Clean Power Plan Compliance Costs Overestimated for Industry

EPA Clean Power Plan overestimates electric industry compliance costs

Fierce Energy, November 19, 2014

The U.S. Environmental Protection Agency’s (EPA) Clean Power Plan proposal to curb carbon pollution from power plants overestimates the electric power industry’s compliance costs by as much as $9 billion, according to a Natural Resources Defense Council (NRDC) report.

Using current data, the power sector and its customers could actually save nearly $2 billion in 2020 while meeting the EPA’s carbon reduction targets, according to the NRDC report, who found that greater reliance on renewable sources of energy and on using energy more efficiently would produce substantial savings to power players and their customers.

NRDC’s report refutes claims that the EPA’s plan would be costly to the industry and its customers.

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