Regulating Climate Change: Cap & Trade vs. Clean Air Act
In June 2009, the House of Representatives passed the American Clean Energy and Security Act, which included a emission “cap and trade” program to address approximately 85% of the United States’ emissions of “greenhouse gases.” However, cap and trade legislation has not reached the floor of the Senate in the 111th Congress and some doubt that it will. In the meantime, however, the Obama Administration has taken an aggressive non-legislative approach based on its authority under the existing Clean Air Act. In the past year, U.S. EPA has formally ruled that greenhouse gases endanger human health and welfare, and established a mandatory greenhouse gas monitoring and reporting program. Additionally, U.S. EPA has proposed rules that would apply traditional Clean Air Act emissions standards to motor vehicles and stationary sources, and intends to make these final by the end of March 2010. The proposed rules for stationary sources, such as furnaces and boilers, would significantly “tailor” traditional Clean Air Act permitting to fit the unique aspects of greenhouse gases. Jones Day's Environmental, Health & Safety practice invites you to a live 60-minute webcast that will examine these two very different approaches to reducing U.S. greenhouse gas emissions. The upcoming webcast will address: Key concepts in all greenhouse gas regulation The fundamentals of cap and trade Pending cap and trade legislative proposals The basics of Clean Air Act permitting U.S. EPA’s proposed tailoring rule for stationary greenhouse gas sources A practical comparison of cap and trade to a “tailored” Clean Air Act Handouts will be distributed via email prior to the webcast and there will be an opportunity to submit questions during the presentation.
- Presenting
- John A. Rego
- Channel
- Jones Day Webcasts
- Date
- Feb 22 2010
- Duration
- 3042
- Tags
- Cap and Trade, Clean Air Act, Climate Change
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