REMA Provides Comments on EPA Existing Power Plant Rule
The renewable energy trade association calls for role of voluntary renewable energy markets in climate regulations
WASHINGTON, DC – June 2, 2014 – The Renewable Energy Markets Association (REMA), the North American trade association dedicated to protecting and growing strong markets for renewable energy, released preliminary comments pursuant to the U.S. Environmental Protection Agency’s (EPA) Section 111(d) greenhouse gas standards for existing power plants.
“Renewable energy technologies and green power markets are pre-existing, successful tools by which the nation’s power plants can work to reduce their greenhouse gas emissions. REMA is reviewing the Environmental Protection Agency’s greenhouse gas standards for existing power plants in detail to ensure that these technologies and markets help states and utilities to comply with the agency’s proposed regulation,” said Josh Lieberman, REMA General Manager. “In 2012, the U.S. market for voluntary renewable energy grew to approximately 48 million megawatt hours (MWhs), signaling the desire of commercial and residential customers nationwide to go above and beyond state energy mandates.”
The proposed EPA rule would require existing power plants to reduce carbon emissions by 30% by the year 2030 based upon a 2005 emissions baseline. To reach these reductions, states would be allowed significant flexibility in deploying measures such as energy efficiency, renewable energy, and pollution control technologies, as they work to comply with the agency’s proposed standard. In 2012, the electric power sector contributed to 39% of total U.S. energy-related CO2 emissions.
“REMA intends to offer voluntary market guidance to states as they work to comply with the EPA’s proposed regulation, working particularly to ensure that commitments to renewable energy, and renewable energy credits, are protected,” continued Lieberman. “It is our hope that states will continue to recognize the important role that voluntary renewable energy markets play in reaching national energy and climate goals.
About the Renewable Energy Markets Association (REMA): The Renewable Energy Markets Association (REMA) is the only nonprofit trade association solely dedicated to maintaining and growing strong REC markets on the state, federal and regional levels. REMA engages in education and advocacy efforts on behalf of an industry coalition of renewable energy marketers, utilities, equipment manufacturers, and others supportive of renewable energy markets. www.renewablemarketers.org