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Environmental Markets

Emissions

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Supreme Court Ruling on EPA Authority to Regulate Stationary Source GHG Emissions

June 24, 2014

The Supreme Court has ruled that EPA exceeded its statutory authority in interpreting Clean Air Act requirements by requiring permits based solely on GHG emissions. On June 23, 2014, the U.S. Supreme Court ruled that the Environmental Protection Agency’s (EPA) greenhouse gas (GHG) emissions regulations for new motor vehicles did not automatically trigger permitting requirements…...

EPA Rule Flexible, Yet Tough For Some Coal-Reliant States

June 10, 2014

The EPA stressed State flexibility in its Clean Power Plan to reduce emissions 30 percent by 2030. Overview On June 2, 2014, the U.S. Environmental Protection Agency (EPA) proposed its Clean Power Plan to set carbon pollution guidelines for existing power plants and emission standards for modified and reconstructed power plants. The proposal is key…...

EPA Proposes Emission Guidelines For Existing Power Plants

June 2, 2014

EPA has released its Clean Power Plan proposal, outlining the first emission guidelines for existing fossil fuel-fired power plants, with a goal to reduce power sector emissions by 30 percent below 2005 levels by 2030. On June 2, 2014, the Environmental Protection Agency (EPA) released the Clean Power Plan proposal to address greenhouse gas emissions…...

New York Is First To Tackle Grid Modernization With REV

June 2, 2014

The New York State Reforming the Energy Vision (REV) initiative aims to answer the question of how to proceed with New York’s energy future in the face of aging electric generating plants and the need for a more resilient energy infrastructure. Overview The initiative – announced by Governor Cuomo in April 2014 – tasks the…...

EXPIRE Act Supports Renewable Energy Industry at a High Cost

May 19, 2014

Multiple energy industries rely on federal tax incentives to spur private investment in commercializing renewable technologies. However, the periodic expirations of these tax credits have led to business uncertainty and an inability to make long-term planning decisions. The most recent Senate extender bill – the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act of 2014…...

EPA Proposes Updates to Refinery Emission Standards

May 16, 2014

EPA’s proposed update for petroleum refinery emission standards includes benzene concentration monitoring for the first time. On May 15, 2014, the Environmental Protection Agency (EPA) issued a proposed rule updating toxic air pollution standards for petroleum refineries located near neighborhoods.  It is the first EPA proposal requiring monitoring of air concentrations for benzene around fence…...

New York Power Authority Leads State Energy Initiatives

May 13, 2014

In 2013, New York Power Authority (NYPA) produced approximately 27.8B kilowatt-hours, approximately 20 percent of the state’s power. Approximately 70 percent of this power came from clean, renewable hydropower. NYPA, the nation’s largest state-owned power organization, is at the forefront of innovative energy, environmental, and economic development initiatives. As a leading provider of low-cost electricity,…...

Federal Regulations and Tax Credits Support Diesel and Natural Gas Vehicle Adoption

May 12, 2014

Despite the recent surge in domestic crude oil and natural gas production, diesel-fueled passenger vehicles and natural gas-fueled fleet vehicles still face challenges in achieving large-scale adoption. Overview Diesel-fueled vehicles provide an option for manufacturers to meet Environmental Protection Agency (EPA) emissions standards and National Highway Traffic Safety Administration average fuel-efficiency standards of 54.5 miles…...

NY Utility Resilience Initiatives and Utility Outage Alternatives

May 5, 2014

New York’s fast-evolving energy industry is focused on preparing for a future in which new technologies present broad opportunities to modernize energy systems in ways that could significantly increase resiliency. In June 2013, New York unveiled a comprehensive plan to increase infrastructure and building resilience including initiatives to mitigate weather-related impacts. These initiatives are designed…...

New FERC and EPA Regulations will Impact Cost and Security of Electricity Supply

May 5, 2014

Since the turn of the century, increased scrutiny has been placed on the U.S. electric grid. The threat of weather disruption, physical and cyber-attacks, and decreased regional power generation capacity due to emissions regulations are key factors framing the debate over how to achieve power security and supply. Overview In 2012, Hurricane Sandy exposed electric…...

Supreme Court Reinstates Cross-State Air Pollution Rule

April 30, 2014

The Supreme Court upheld EPA’s air pollution rule that regulates cross-border emissions of 28 upwind states to address downwind states’ compliance with air quality standards. On April 29, 2014, the U.S. Supreme Court reinstated the Environmental Protection Agency’s (EPA) Cross-State Air Pollution Rule (CSAPR), reversing an August 2012 decision by the U.S. Court of Appeals…...

ARPA-E Announces Methane Reduction and Thermal Management Programs

April 30, 2014

ARPA-E has announced two programs to address methane emissions and develop innovative heating and cooling devices for buildings. On April 29, 2014, the Department of Energy’s (DOE) Advanced Research Projects Agency – Energy (ARPA-E) announced $60M for innovative programs to reduce oil and gas sector methane emissions and facilitate energy-efficient thermal management in buildings.  ARPA-E…...

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