On Friday, the Environmental Protection Agency (EPA) released its historic standards to limit carbon pollution from new power plants, helping ensure cleaner power for the future that will help us meet our climate goals.
These proposed standards will serve as the first ever national limit on carbon pollution from the nation’s largest source of emissions.
The reality of climate change has driven broad and diverse constituencies to raise their voices in support of action to reduce carbon pollution. Health groups, power companies, environmental justice groups, Latino groups, businesses, labor, moms, environmental groups, investors, and the NAACP have expressed support for EPA’s carbon pollution standards for new power plants.
Here is a round-up of just a few statements made on last week’s historic announcement:
Addressing carbon pollution will help protect public health. Higher temperatures can enhance the conditions for ozone (smog) formation. Even with the steps that are in place to reduce smog, evidence warns that changes in climate are likely to increase the risk of unhealthy smog levels in the future in large parts of the United States. More smog means more childhood asthma attacks and complications for others with lung disease.
These updated standards to limit carbon pollution from new power plants will help fight climate change; spur our economy to innovate and move to cleaner, renewable sources of energy; and help the American economy become more energy efficient in the years to come. The rules are an important part of President Obama’s comprehensive plan for responding to the threat of climate change that will create and maintain jobs all across the economy.
…Calpine supports the U.S. Environmental Protection Agency’s (EPA’s) efforts to regulate GHG emissions as mandated under the Clean Air Act. The newly proposed GHG New Source Performance Standard for new electric generating plants is an important first step in the EPA’s plans to address climate change.
Climate change could add as much as 10% to portfolio-wide risk in the next two decades, putting trillions of dollars of institutional investors’ assets at risk…These new standards will reinforce what forward-looking investors already know: that climate change poses real financial risks and opportunities and that the future of the electric power sector depends on investing in cleaner technologies and more efficient resources – investments that create jobs and economic benefits.
- Letter from 48 investors, representing over $900 billion in asset management
This is another major step forward to protect future generations from deadly pollution… Forty percent of all energy-related emissions of greenhouse gases in 2012 came from power plants, and most of that came from coal-burning power plants. This pollution has the most harmful effect on low-income communities and communities of color.
Generations of Latino ranchers, farmers and farmworkers have played a fundamental role in our agricultural economy… As farmers and ranchers, we have experienced the ravages of climate change first-hand. Droughts and floods have devastated our crops and land, threatening our livelihoods and our ability to continue to provide healthy fruits and vegetables to households across the U.S… The EPA’s announcement today is a first step in combatting the real consequences of climate change that are impacting our communities and we are ready to be a part of the solution.
While we would have preferred that Congress enact legislation limiting greenhouse gas emissions, today's action by EPA takes an important first step in establishing standards for new electric power plants that will provide certainty for the industry and the framework for Agency action on existing plants.
The new standards will reinforce what forward-looking companies already know: that climate change poses real financial risks and opportunities and that the future of the electric power sector depends on investing in cleaner technologies and more efficient resources – investments that create jobs and economic benefits.
- Multi-business group letter, signed by 22 companies including Unilever, Levi Strauss & Co. and The North Face
The far-reaching effects of climate change will be felt throughout our society, in our economy and day-to-day lives.
The health impacts of climate change are apparent as temperatures rise. Higher temperatures mean more deadly ozone pollution.
The costs of extreme weather, from Hurricane Sandy to recent flooding in Colorado, provide a glimpse of the threat to human life and the economic costs associated with these events — which are more likely to occur and be worsened by climate change.
It is clear that the human and economic costs of climate change are growing.
Please send a note to EPA supporting these new historic standards.