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Feature Article

Summer of Opportunity

By Roger S. Conrad on Jun. 6, 2014

First and foremost, the proposed new rules face a highly uncertain road before they take effect. The EPA won’t finalize these changes for at least a year, and significant revisions to this initial proposal are widely expected.

The actual administration of the new rules, meanwhile, will be left to the states. And the EPA won’t start to measure their progress until the end of the decade.

Moreover, the new rules could be blocked long before they take effect. Texas Gov. Rick Perry has vowed to oppose any rules on CO2 emissions, raising questions about enforceability.

And CO2 regulation could face hostile majorities in both houses of Congress after the upcoming November elections.

Finally, if a Republican wins the White House in 2016, we could see a rollback not just of CO2 rules, but renewable energy standards and subsidies in general.

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