30 Nov '11, 4pm

Why We Shouldn't Have to Wait to Clean Up Coal-Fired Power Plants

Why We Shouldn't Have to Wait to Clean Up Coal-Fired Power Plants

The EPA is scheduled to release its Mercury and Air Toxics (a.k.a., Utility MACT) Rule on December 16. The rule will establish, for the first time, limits on mercury and other toxic air pollutants from coal-fired power plants. Although power plant operators would not be required to comply with the Utility MACT rule until 2015 or 2016, members of Congress and some within the electric industry have been suggesting that EPA push back the compliance schedule even further. AEP , for example, has suggested that it may need until 2020 to comply. I have been reviewing industry earnings call for several years, and in my most recent review of 3rd Quarter earnings calls, I looked closely at how companies are positioned to comply. I was surprised (and pleased) to find that, despite the heated rhetoric, most companies have been assuring financial analysts that they are well on their wa...

Full article: http://www.greenbiz.com/blog/2011/11/30/why-we-shouldnt-h...

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