Clean Coal Technologies, Inc. (CCTI) has responded to Monday's announcement by the US Environmental Protection Agency (EPA) of its newly proposed guidelines for the regulation of greenhouse gas emissions from existing power plants under section 111(d) of the Clean Air Act.
Robin Eves, President and CEO of CCTI, stated: "As a US- based company focused on providing clean energy solutions both in the domestic and global markets, we welcome all initiatives to improve the environmental impact and footprint of any and all energy producers. We collectively share the obligation to provide affordable energy while meeting regulatory emission standards."
Eves, continued, "Broadly speaking, the EPA's proposed guidelines require state governments to implement plans to reduce carbon dioxide emissions (CO2) from existing power plants by 30% by 2030 using a 2005 emission level as a baseline. According to the EPA, the proposal would cost between US$ 7.3 billion and US$ 8.8 billion to implement, but lead to an estimated US$ 55 billion – $93 billion in public health and social benefits. While it is expected that there will be comments, debate and analysis over the veracity of those EPA estimates, the proposed guidelines, if implemented, will represent one of the most significant changes in US environmental policy since Congress enacted the Clean Air Act amendments in 1990.”
Noting that the EPA guidelines will likely have a significant ompact on US coal-fired power plants, and the coal industry generally, Eves said that the guidelines were “unique in the way it provides state governments with a great deal of flexibility on meeting the EPA's proposed reduction targets and provides incentives for technology companies like CCTI to address coal's continued use in a more environmental benign manner."
In conclusion, Eves stressed that the guidelines would be beneficial to the company, which is a cleaner-energy technology company headquartered in New York. The company holds patented and patent pending process technologies developed to address environmental and other priorities in the US and global coal industry. The process technology is designed to convert raw coal into a cleaner and more efficient burning fuel.
The CCTI CEO wrapped up his statement by saying that “CCTI is well positioned to be an integral part of the environmental solution towards meeting greenhouse gas emission standards. We are committed to the sustainability of coal as a base-load fuel from one of the world's most abundant natural resources and we believe our clean coal technology will enable coal to continue to be an option in the future for the US and other nations."
Edited from various sources by Sam Dodson
Read the article online at: https://www.worldcoal.com/power/06062014/clean_coal_technologies_responds_to_epa_guidelines_944/