Marketplace with Scott Tong: EPA carbon rules catch up with the market

 

By Scott Tong,

Marketplace

The President rolled out Monday the much-anticipated centerpiece to his climate change plan. It envisions an overhaul in power plants, what they burn, and the broader electricity system. It’s ambitious. But to people in and around the power sector, this revolution is already well underway. Not because of the Environmental Protection Agency, but the market.

As recently as 2012, Michael Liebreich, chairman and founder of Bloomberg New Energy Finance, had a blurry vision of a clean energy future. Today, it’s in auto-focus.

“A few years ago you could theorize about it,” Liebreich says. “But as of the last, probably three years, it’s really becoming much clearer what the transition looks like.”

To read more, please visit http://www.marketplace.org/topics/sustainability/epas-carbon-rules-are-catching-market

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
 
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us