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>> 27 states are on a collision course with the Obama administration challenging its clean power plant which mandates all states to reduce carbon pollution from power plants by 30% by 2030. The issue for many states is not the plan, per se, but the principle, says Reuters reporter Valerie Volcovici in West Virginia.
>> West Virginia's leading the charge against the EPA's clean power plant. It's one of 27 states that thinks the EPA has overstepped its boundaries. They think this sets a dangerous precedent they fear will target parts of the economy, for example, oil and gas.>> In fact, Reuters has learned most of the states fighting the order, which came from the EPA, not Congress, are on track to comply with the new requirements.
Thanks to market forces and some policies already in place, mainly which have favored alternatives to coal. In the last five years, natural gas prices dropped over 35% and the cost of utility scale solar projects dropped over 65%, giving power companies an incentive to use cleaner energy.>> Even energy state Texas is on track to over comply according to some analysts.
Texas is the leader in wind power, and because it generates so much wind power and uses natural gas, Texas is likely to sell credits to other states that might need them in order to comply with the EPA rules.>> For some states, however, like West Virginia, it's a do or die moment.
The state, already suffering from closing coal mines, would need a drastic change to meet the targets, as it still relies heavily on carbon-spewing, coal-fired power. The government's position is that the EPA is obligated to regulate carbon emissions from power plants, and that it has not overstepped the law.
A panel of the DC Circuit Court is scheduled to hear out the arguments later this month.