NAR submitted comments on EPA's proposed regulation to reduce carbon emissions from existing power plants.
Under the proposed rule, EPA would require states to reduce CO2 emission through a variety of activities, including (1)Increasing the efficiency of existing power plants; (2) switching from coal-fired power plants to natural gas plants; (3)increasing renewable energy sources, such as nuclear, wind or solar; and (4)reducing the demand for energy through enhanced energy efficiency.
NAR is concerned that the proposed Clean Power Plan will have long-term, negative economic impacts on homeowners, businesses, and communities and will result in minimal carbon reductions. NAR requested that EPA withdraw this ill-conceived proposed rule, hold additional public hearings and collect more data to develop an approach for energy development, conservation and pollution prevention that benefits the environment without negatively impacting property owners and the still-recovering economy.