Will EPA’s Carbon Rules implement the defunct Waxman-Markey cap-and-trade bill?
From my excellent sources at The Competitive Enterprise Institute (CEI). “Will the EPA Implement Cap and Trade?”
That’s a question addressed in a previous post and more recently in a comment letter to EPA on its proposed Carbon Rulefor new fossil-fuel power plants.
The Waxman-Markey bill (H.R. 2454), officially titled the American Clean Energy and Security Act (ACESA) of 2009, aimed to rapidly phase-out coal-based power in the U.S. via three types of carbon dioxide (CO2) regulation:
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