This week, the Obama administration announced new regulations for carbon dioxide emissions from new power plants.
When the Environmental Protection Agency determined that carbon dioxide emissions were endangering the public in 2009, Ron Surdam, Director of the Carbon Management Institute at the University of Wyoming, says he saw the writing on the wall: there would be a cap on new power plant emissions, which is exactly what the EPA announced this week.
While new natural gas plant technology meets the requirement of one thousand pounds of carbon produced per megawatt hour, coal plants far exceed those standards. According to Surdam, that means that within the next decade, coal plants as we know them could fall out of favor, and Wyoming’s economy could take a hit.