FENY - New EPA rule seeks to raise barriers to future GHG regulations

The Environmental Protection Agency is creating higher barriers for regulating the emissions that contribute to climate change, as it moves to effectively block the U.S. government from future regulation of greenhouse gas emissions from refineries, oil and gas production and most other industrial sources under the Clean Air Act.The EPA, which rolled out a proposal in August to create the higher bar, packaged the new standards in a rule it issued today.The agency's new "significant contribution finding" says it will only regulate GHG emissions from a source category that accounts for at least 3% of total U.S. emissions.The EPA says that means only power plants can be subject to GHG limits under the Clean Air Act provisions for setting new source performance standards for stationary sources; the next largest category is oil and gas production, which accounts for just below 3% of U.S. GHG emissions.The move may not have staying

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New EPA rule seeks to raise barriers to future GHG regulations