After a thorough examination of the scientific evidence and careful consideration of public comments, the U.S. Environmental Protection Agency (EPA) announced today that greenhouse gases (GHGs) threaten the public health and welfare of the American people. EPA also finds that GHG emissions from on-road vehicles contribute to that threat.
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The U.S. Environmental Protection Agency today proposed the first comprehensive national system for reporting emissions of carbon dioxide and other greenhouse gases produced by major sources in the United States.

“Our efforts to confront climate change must be guided by the best possible information,” said EPA Administrator Lisa P. Jackson. “Through this new reporting, we will have comprehensive and accurate data about the production of greenhouse gases. This is a critical step toward helping us better protect our health and environment – all without placing an onerous burden on our nation’s small businesses.” Read more

MoneyCNN.com reports that President Barack Obama’s climate czar Carol Browner said on Sunday that the EPA is ready to issue regulation rules for carbon dioxide:

“EPA’s going to look at Mass. Vs. EPA and will make an endangerment finding,” Browner told Dow Jones Newswires in an interview. The Supreme Court ordered the EPA in the Mass. Vs. EPA case to determine if carbon dioxide endangered public health or welfare.

“The next step is a notice of proposed rulemaking” for new regulations on CO2 emissions, Browner said on the sidelines of the National Governors Association meeting, one of her first public appearances since the inauguration.  Read more

Time Magazine has a nice piece talking about the possibility of the EPA regulating carbon in the US and how it scares the hell out of the coal industry.

On Feb. 17, EPA administrator Lisa Jackson announced that the agency would reconsider a Bush Administration decision not to regulate CO2 emissions from new coal power plants. The next day, she backed up that statement by telling the New York Times she was considering acting on an April 2007 Supreme Court decision that empowers the EPA to regulate CO2 as a pollutant under the Clean Air Act. If the EPA exercises that authority as expected — a process that would likely play out over months — it could potentially put in place one of the farthest-reaching regulations in U.S. history, affecting the way we use electricity, the way we drive and more.