Fossil Interests Urge EPA To Scrap CEIP Or Let Natural Gas Earn Credits

Fossil fuel companies are urging EPA to scrap the Clean Energy Incentive Program (CEIP) for its existing power plant greenhouse gas rule or allow natural gas projects to earn compliance credits, adopting in part an argument from environmental groups that extended renewable energy tax breaks would give double incentive to certain projects and crowd out others. The tax credit extensions for wind and solar energy -- included in a bipartisan omnibus spending deal last year -- “eliminate the primary justification...