CEEPR Experts Weigh In on Proposed EPA Carbon Regulation

National media outlets turned to CEEPR experts for early reactions on the EPA’s proposed rulemaking on carbon emissions from existing power plants, issued in early June. CEEPR Director Chris Knittel pointed to the likely cost impacts (National Geographic, “One Key Question on Obama’s Push Against Climate Change: Will It Matter?”) and how these may affect the country’s electricity generation profile (Bloomberg, “Obama Climate Proposal Will Shift Industry Foundations”), while CEEPR faculty affiliate Michael Greenstone highlighted the proposal’s importance for U.S. climate policy efforts (MIT Technology Review, “EPA to Take Biggest Step Ever to Fight Climate Change”) and its potential to incentivize innovation and employment (The Hill, “Obama’s New Climate War Opens”).