EPA Carbon Regulation on New Power Plants Entering Final Review Stage

On May 8, the Environmental Protection Agency (EPA) submitted the final version of a draft regulation to limit carbon emmissions from new power plants to the White House Office of Management and Budget (OMB) fro review. The proposed rulw sets strict limits of 1,100 pounds of carbon dioxide per megawatt-hour produces for coal plants, and 1,000 pounds or 1,100 pounds per megawatt-hour for natural gas plants, contingent on facility size. "Together these actions will provide important public healt benefits and address climate change, while ensuring raliable, affordable and clean power for American business and families," EPA spokswoman Liz Purchia said in a statement. OMB's review is the last step before the rule is finalized and implemented, which is expected to happen mid-summer.