EPA rules could cost industry billions

A new study by Fuld & Co., a research and consulting firm in Cambridge, Mass., concludes that an EPA requirement that state implementation plans (SIPs) be submitted by yearend will cause power plants to install expensive technology without testing the most cost effective remedies that could be implemented in phases.

CAMBRIDGE, Mass.-Consumers in 21 Eastern states could be facing a $7-12 billion bite out of their wallets to ensure that coal-powered electric utility plants substantially reduce their Nitrogen Oxide (NOx) emissions by 2003, an issue that could become politically decisive in the upcoming Presidential election.

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