LG&E and KU will continue to monitor activities taking place at the federal level and all further legal developments relating to the Clean Power Plan. In March 2017, the President issued an executive order directing EPA to review all proposed and final rules relating to greenhouse gas reductions including the Clean Power Plan. Until all administrative reviews and judicial proceedings are complete, it is unclear how the plan or any future replacement rule might impact the state of Kentucky or our future operational plans.
At the time when the Clean Power Plan was first proposed, the company identified five key issues for the EPA to address:
- Minimize economic and customer impacts
- Require reasonable, realistic guidelines and timetables
- Preserve a diverse fuel mix that includes a future for coal
- Protect grid reliability
- Fully credit existing efforts that reduce CO2 emissions
We are hopeful that EPA will consider these concerns in the course of its review of proposed and final rules.