National Grid highlights support for EPA plan
Electric and gas utility National Grid submitted comments supporting the federal Environmental Protection Agency’s Clean Energy Power Plan on Tuesday.
The British multinational, which serves 7 million gas and electric customers in the Northeast, said in a statement that the proposed plan provides flexibility for companies that would be required to comply with carbon dioxide emission-reduction standards, while giving credit to ongoing efforts to reduce carbon emissions through market-based mechanisms, such as the regional Greenhouse Gas Initiative (RGGI) that involves several Northeastern states.
Still, National Grid also submitted suggestions to the EPA about how to implement Clean Power Plan, which would mark the first regulation of carbon emissions by the government. Those include allowing sufficient time to build the infrastructure necessary at power plants to continue providing reliable energy under new regulations, and encouraging the continued development of energy efficiency programs, according to a statement from National Grid.
National Grid’s U.S. president, Tom King, said in a statement that the Obama administration has done a “terrific job” crafting regulations to promote clean energy adoption.
“We look forward to working together to reduce emissions from the energy sector and create a cleaner energy future,” King said.
But critics of the proposed Clean Energy Power plan say compliance will drive up energy costs for consumers and businesses. Released June 2, the proposal is slated to be finalized next year, with the goal to reduce carbon emissions by 30 percent below 2005 levels.
WBJ Web Partners
Most Recent
Most Recent
0 Comments