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EPA Rule Could Add 21,000 MW of Renewable Capacity in 15 Years

The U.S. Environmental Protection Agency (EPA) projects that its carbon reduction rule will increase U.S. renewable electricity capacity by 50% to 67% by 2020, while coal generation declines by about 20%, Lacey reports. In the EPA’s high-deployment scenario, renewables grow by two-thirds through 2020 and another 25% by 2025. “These proposed EPA carbon pollution regulations will accelerate innovation and development across the U.S. energy sector,” said Ken Locklin of Impax Asset Management. “Other countries have surged into the forefront in clean energy practices. These standards can catalyze new low-carbon investment here at home.”

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