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ARTICLE · 22 AUGUST 2016

EPA Proposes Clean Energy Incentive Program Design Details

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On June 30, 2016, the United States Environmental Protection Agency ("EPA") published a proposed rule titled Clean Energy Incentive Program Design Details.

United StatesEnvironment

On June 30, 2016, the United States Environmental Protection Agency ("EPA") published a proposed rule titled Clean Energy Incentive Program Design Details ("Proposed Rule"). The Clean Energy Incentive Program ("CEIP") is a voluntary aspect of the Clean Power Plan ("CPP"), an EPA rule finalized in 2015 that regulates carbon dioxide ("CO2") emissions from existing power plants. The Proposed Rule serves as a guide for states that choose to participate in the CEIP. EPA will accept public comment on the Proposed Rule until August 29, 2016.

Participation in the CEIP authorizes states to distribute allowances or to issue emission reduction credits ("ERCs") to eligible clean energy projects, including low-income community projects (demand-side energy efficiency and solar projects implemented to serve low-income communities) and zero-emitting renewable energy projects (wind, solar, geothermal, and hydropower in all communities). EPA then awards matching allowances or ERCs,

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