Stricter emission limits rules spur clean energy innovation

"Set by these standards, will be business opportunities that will be created, it" Browner said yesterday in an interview with Bloomberg television's Peter Cook for "Capitol gains" Feb. air 10.

"There are companies that can develop new technologies," she said. "Maybe we will investigate more about renewable energy. We seek to improve energy efficiency."

President Barack Obama said in his second term inaugural address, that he responds, referring to droughts and stronger hurricanes, set up a possible conflict on threats posed by climate change, with owners of coal-fired plants including Southern Co. of Atlanta and American Electric Power Co. of Columbus, Ohio.

Browner, a former adviser to Obama, said that the Administration in addition proposes that the EPA for new installations will propose rules to emissions from existing plants to the rules.

The Supreme Court ruled that the Agency had to act, if the emissions were found to "endanger public health and welfare", said Browner. "EPA this scientific statement made, so now they have to do this."

Existing installations

When the EPA imposed the same requirements for existing plants for new plants, "about 25 percent of the gas plants, carried out in the country, that standard would meet not" drawn Institute, an industry-based Washington Group for publicly traded utilities are, Thomas Kuhn, President of Edison Electric, said during a Feb. 6 interview at Bloomberg headquarters in New York.

In response to a question, Browner said, it remains to be seen whether the rules, companies will force to develop gas-trapping technology in response.

The Obama administration is considering action on an array of other energy issues, including the control of hydraulic fracturing, or fracking extracts gas from shale and possible export of liquefied natural gas over objections from manufacturers such as Dow Chemical Co.

"The games-changer is natural gas," said Browner, is a member of the Advisory Board of the Bloomberg administration. "The question is, what natural gas for coal, and ultimately on renewable energy and efficiency as we will go forward."

Gas-glut

Advances in drilling in shale formations have produced a glut of natural gas. Futures prices for the fuel on the New York Mercantile Exchange since July 2008's leading investment in natural gas at the expense of other forms of generation including coal and nuclear energy 75 percent declined.

Hydraulic split, led to regulate the EPA, though the "probably not likely", said Browner the Agency from 1993 to 2001 under President Bill Clinton. If you leave the task to the States, as proposed by Republicans such as representative of John diplomat from Illinois, "We go to a variety of needs, to see which will quite frankly be hard on industry," said she.

In the first four years, loan guarantees for wind and solar-energy projects exhibited the Obama administration and increased standards for cars in addition to write rules for power plants.

"We have a real opportunity to position the United States in the global demand for clean energy technology," said Browner.

Copyright 2013 Bloomberg

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