Peabody supports adoption of the Affordable Clean Energy (ACE) rule as a replacement for the Clean Power Plan as a significant step in ensuring reliable, resilient and affordable electricity across the U.S.
ACE strengthens regulatory and investment certainty using a sensible and legally defensible 'within the fenceline' approach to improve efficiencies of existing power plants. The proposed rule offers technically feasible and appropriate measures with the potential to deliver cost-effective, achievable and practical solutions for reducing emissions while minimizing disruptions to electricity generation. Furthermore, ACE offers individual states greater flexibility in the development and timing of state implementation plans, avoiding a 'one-size-fits-all' approach to managing distinct and diverse needs.
Peabody has long advocated for technology solutions to meet the three-part goal of energy security, economic progress and environmental solutions and we believe ACE satisfies these objectives.
Peabody Energy Corporation published this content on 19 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 June 2019 20:38:09 UTC