Mandating alternative energy

In the 19th and early 20th centuries, natural gas was used primarily for street and building lighting, providing what was known as gaslight. consumed nearly 24 trillion cubic feet of natural gas, 30 percent of U. energy consumption and the energy equivalent of almost 190 billion gallons of gasoline [1].Today, improved distribution of gas has made possible a wide variety of uses in homes, businesses, factories, and power plants. In 2012, the United States consumed nearly 26 trillion cubic feet of natural gas, primarily in the electric power and industrial sectors [2].

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Single-cycle gas turbines generally convert the heat energy from combustion into electricity at efficiencies of 35 to 40 percent.

Higher efficiencies of 50 percent or more are possible in natural gas “combined-cycle” (NGCC) plants. shift our nation away from dirty fossil fuels and toward cleaner, renewable sources of power—but not without you.

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Under the rules, new coal-fired power plants would be limited to 1,100 pounds of CO2 per megawatt-hour, or could opt to meet stricter average emissions limits that grant additional operational flexibility.

The rules also would require new plants to implement partial carbon capture and storage (CCS) technology.

Additionally, many of our lawyers have substantial experience with complex commercial transactions and investment instruments, including insolvency of portfolio companies and the purchase of instruments that raise unusual legal or tax issues. lawyers have worked at the SEC or other regulators, trade groups, or in-house positions, and our lawyers have good working relationships with senior regulatory officials and key industry leaders.

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Critics of the proposed rules argue that they will cripple the coal industry, by effectively banning the construction of new plants, and hurt the economy.

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