From emissions estimates to related financial risks and opportunities, the CPI are going to add it up
As 2009 came to a close, the U.S. crossed a key milestone in the path toward regulating greenhouse gas (GHG) emissions. Nearly 10,000 facilities (Figures 1 and 2) — a significant portion of them in the chemical process industries (CPI) — became subject to the U.S. Environmental Protection Agency’s (EPA; http://www.epa.gov; Washington D.C.) Final Mandatory Greenhouse Gases Reporting Rule. The rule requires that applicable facilities begin collecting data on January 1, 2010 for annual GHG emission reports that are due to EPA by March 31, 2011. Although the rule itself does not limit GHG emissions, the collected data will be used to inform future climate-change policies and programs, EPA says....
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