On Monday, June 2, 2014, the Environmental Protection Agency released its proposed rule for reducing the amount of carbon dioxide emitted by existing power plants. Tony Ahern, president and CEO of the Ohio Rural Electric Cooperatives, Inc., and Buckeye Power, Inc., commented on this proposal:
“The EPA has announced a very complex rule aimed at reducing the amount of carbon dioxide coming from existing power plants. Electric cooperatives in Ohio and across the nation are deeply concerned that this rule will lead to dramatically higher electricity prices.
“Ohio’s electric cooperatives have a long history of using proven technologies to protect the environment and, as a result of a recent investment of more than $1 billion for environmental controls, Ohio’s cooperatives own some of the cleanest coal-burning electric generating units of their kind in the world.
“We will thoroughly review the EPA’s proposed rule and stay true to our mission to advocate on behalf of our members in assuring reliable and affordable electricity is there when they need it.”