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How The Affordable Clean Energy Rule Impacts Oil And Gas

10.17.18

Carroll "Mack" W. McGuffey III

Partner Carroll "Mack" McGuffey is published in Law360 for his article, "How The Affordable Clean Energy Rule Impacts Oil And Gas." McGuffey writes, "The U.S. Environmental Protection Agency’s proposed replacement for the Clean Power Plan, dubbed the 'Affordable Clean Energy' rule, or ACE, is now open for comment. In short, the rule requires states to develop efficiency standards for fossil fuel-fired power plants with the intent of reducing greenhouse gas emissions. Coal-fired power plants, and those involved in the production of coal, have a keen interest in the rule for obvious reasons — ACE targets them directly, and could require capital projects costing millions. Although gas-fired combustion turbines are expressly excluded from the rule, there are at least three reasons why the natural gas industry should monitor the ACE rulemaking process as well as consider proactive engagement with the EPA. Further, there are similar reasons that oil pipeline and terminal facilities should pay attention to the proposed rule, with the EPA’s methodology for evaluating climate change impacts perhaps topping the list." Read the full article published in Law360 here.
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