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FOR IMMEDIATE RELEASE

August 21, 2018
Contact: Laura Tierney
Email:  ltierney@bcse.org
Office: 202.785.0507

Statement in Response to Release of EPA’s Proposed Affordable Clean Energy Rule
EPA Should Provide Clear and Sustained Market Signals to Reduce Emissions through Investment in Readily-Available and Cost-Effective Clean Energy Technologies

Washington, DC – In response to the Environmental Protection Agency (EPA)’s recently published proposed rule to replace the Clean Power Plan, Lisa Jacobson, President of the Business Council for Sustainable Energy (BCSE), made the following comments:

“The Business Council for Sustainable Energy has long supported a federal, economy-wide approach to reducing greenhouse gas emissions. Sharp declines in US power sector emissions in the last decade have demonstrated that there are many cost-effective technologies readily available to reduce emissions. While the Council urges federal legislative action, it believes that Environmental Protection Agency has the obligation to respond to sound science and court mandates. The proposed replacement of the Clean Power Plan, the Affordable Clean Energy Rule, falls short of that obligation.”

BCSE will review the proposal and urge the Environmental Protection Agency to focus its rule on the following critical elements:

  • Inclusion of targets and standards that are in line with scientific analysis that indicates the level of ambition needed to avoid the worst effects of climate change
  • Inclusion of clear and sustained market signals that spur emissions reductions through investment in the full portfolio of clean energy technologies, including energy efficiency, energy storage, renewable energy, and natural gas, as well as carbon capture utilization and storage applications, among others
  • Utilization of market-based regulatory approaches that reduce costs and encourage competition and innovation
  • Inclusion of provisions that enable states, localities, and the private sector to go beyond regulatory targets and standards
  • Inclusion of provisions that enable states to link emissions reduction programs through regional markets

“The findings of the 2018 Sustainable Energy in America Factbook show that the US economy can grow while also reducing emissions; total US greenhouse gas emissions are at a 26-year low, while the economy has grown 15% in the last ten years and primary energy consumption has declined 1%. US power sector emissions are on a steep decline, ending 2017 at 28% below their 2005 peak. The broad portfolio of energy efficiency, natural gas and renewable energy have enabled these dramatic reductions in emissions, while keeping energy costs low and creating over 3 million jobs across the country. EPA’s regulatory approach to address greenhouse gas emissions should accelerate these trends.”