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Apr 26, 2009

EPA Ruling * USA - Great News For Cleantech

Greentech investors and entrepreneurs are guardedly optimistic that the Environmental Protection Agency's ruling that greenhouse gases are harmful to human health will provide a boost to their industry

Washington,DC,USA -Forbes, by Andy Stone -18 April 2009: --
EPA Administrator, Lisa Jackson, signed the agency's 133-page endangerment finding, legally obligating the agency to regulate carbon dioxide and related greenhouse gas emissions... The landmark decision could force the automotive industry and electric utilities, which together account for one-half of such U.S. emissions, to take drastic steps to cut emissions... If the EPA's endangerment finding is upheld following a 60-day public comment period, the agency is likely to begin the process of requiring automakers, utilities and a vast swath of U.S. industry to spend billions of dollars on technologies to slash C02 emissions that many scientists say contribute to global warming...

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