The U.S. Environmental Protection Agency announced today a proposal to require large greenhouse gas emitters to report their emissions annually.
Covered emitters would include: “suppliers of fossil fuel and industrial chemicals, manufacturers of motor vehicles and engines, as well as large direct emitters of greenhouse gases with emissions equal to or greater than a threshold of 25,000 metric tons per year.”
EPA estimates that the cost of the program to the private sector would be $160 million in the first year and $127 million annually after that. Reporting would commence in 2011.
EPA claims it has authority under the Clean Air Act to require such reporting. Does it? Where? Will any covered industry will have the guts to challenge the proposal? Tune in to find out…
Meanwhile, you can read about our looming Big Green Brother in Steve Milloy’s new book Green Hell: How Environmentalists Plan to Control Your Life and What You Can Do to Stop Them.