US Environmental Protection Agency withdraws Clean Power Plan guidelines
The proposed federal framework would have offered states a "model rule" they could use to set up emissions trading programs to meet their Clean Power Plan targets.
EPA also withdrew its Clean Energy Incentive Program, intended to encourage states to achieve CO2 emissions reductions before the Clean Power Plan targets take effect. It would have allowed states to award early-action credits to eligible renewable energy and energy efficiency projects, which would be matched by EPA.
Because EPA had not finalized the proposals, the agency does not need to go through the lengthy rulemaking process to withdraw them, as it would with the overall regulation.
Last week, Trump directed the EPA to review the Clean Power Plan and decide whether to repeal or revise it. The overall regulation would require each state's power sector to meet CO2 targets for 2022-2030.
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