The Environmental Protection Agency (EPA) has been busy in recent years, and many of its new rules have complicated operations within the power generation industry. No one will deny that the EPA's ambitions toward a more pristine environment represent a fine ideal. Cleaner air and water benefit everyone. But most in the power industry will agree that the road to this cleaner environment makes the day-to-day operations of power plants more complex, and that new regulations have the ability to jeopardize the bottom lines at many plants. The regulatory path toward cleaner power is rendered still more treacherous by the oblique language used in many rulings, and by the contentious environment in Washington that leads to frequent legal challenges and revisions to regulatory statutes. With these issues in mind, here is a brief recap of a few of the regulations that will affect power generation in the coming years.
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