By Gavin Bade | December 18, 2015
Power companies realize they will likely need to cut CO2 emissions more than current regulations demand, but how remains a challenge
The Clean Power Plan, finalized this August by the Obama administration’s Environmental Protection Agency (EPA), puts the nation on a path to reduce carbon emissions from the power sector 32% nationwide by 2030. But in the aftermath of the Paris climate talks, utilities are recognizing they will likely need to go further to reduce carbon emissions in the coming decades.
The Paris agreement, signed by more than 190 countries last week, commits the signees to efforts to keep global temperature increases well below 2 degrees Celsius and to attempt to limit warming to 1.5 degrees.