Weekly Climate Change Policy Update - August 24, 2009

Article by Kyle Danish, Shelley Fidler, Kevin Gallagher, Megan Ceronsky and Tomás Carbonell

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Commentary

EPA Administrator Jackson acknowledged this week that finalizing the GHG emission standards for motor vehicles will trigger obligations under the Clean Air Act for the Agency to impose permitting and technology requirements on stationary sources of GHG emissions. Under the plain language of the Clean Air Act, such requirements potentially would extend to tens of thousands of relatively small facilities. The Agency may seek to redefine this threshold in a future proposed rule for regulation of large sources of emissions . . . The recent Bonn negotiations produced little progress, leaving much on the table to be resolved before Copenhagen . . . The CFTC is flexing its carbon market oversight muscles, proposing to deepen its regulation of the Chicago