2015: New Year, New Rules for Energy Companies
2015 marks the start date for new regulations that will dramatically affect how companies in the energy sector do business. The most notable is the EPA’s new rule, in effect as of January 1, that governs air pollution from coal-burning power plants that crosses state boundaries. Another new air pollution regulation for fracked oil and gas wells also became effective on New Year’s Day. And in April, power plants will have to comply with the EPA’s regulations on toxic air and mercury pollution. More new rules are in in the works. They curb methane pollution from oil and gas operations, limit carbon dioxide pollution from coal- and gas-fired power plants, govern water pollution discharges, and tighten air quality standards for ozone. 2015 could present an unprecedented change in business as usual for energy companies.
John Howell, Editorial Director