Client Alert

On June 2, 2014, the United States Environmental Protection Agency issued a proposed a rule aimed at cutting carbon pollution from existing fossil-fuel fired power plants pursuant to President Obama’s Climate Action Plan. If finalized, the proposed rule will cut carbon emissions from affected sources by up to 30% from 2005 levels. The proposal requires that meaningful emission reductions be achieved by 2020 with full implementation by 2030. The proposed rule only applies to states with fossil fuel-fired power plants — the rule does not extend to sources located in Indian country or to Vermont and Washington D.C. (neither of which have fossil-fuel fired plants).

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  • 1913
    TS Chapman partners with Henry Cutler to form Chapman and Cutler
  • 1st
    Chapman's first client in 1913 is still a client of the firm today
  • 22
    Diverse financial practices serving regional, national, and global clients
  • 6
    Offices across the country and in key US financial centers

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