Advanced Energy Economy (AEE), a national business association, issued the following statements from Malcolm Woolf, Senior Vice President for Policy and Government Affairs, in response to the Environmental Protection Agency’s final rule for carbon emissions from the electric power sector:
“AEE and its member companies see the Clean Power Plan as an opportunity to modernize the electric power system for the 21stcentury, and today’s release of the final rule begins to make that opportunity a reality. By making use of advanced energy technologies and services for compliance, states will be able to improve reliability, reduce costs, and give customers more energy choices. These investments in a higher-performing electricity system will also grow businesses, create jobs, and drive economic growth.
“Although we saw no need to delay the start of compliance by two years, based on our assessment of states’ abilities to meet emission targets by 2020 with proven advanced energy technologies, we are pleased with the increased commitment to renewable energy and energy efficiency in the final rule. That said, we are disappointed that there is no credit for action taken between now and 2020, and that not all energy efficiency is eligible for credit between 2020 and 2022. These are missed opportunities in the short run. But in the long run, the final Clean Power Plan will drive improvement in the electric power system. We, our member companies, and our state partner organizations around the country stand ready to work with state regulators to make the most of this historic opportunity.”