Business & Economy
State limit on emissions cheaper than plant caps
By SHRUTI SARIPALLI
Capital News Service
LANSING — Michigan can save money in the move towards clean energy by choosing
a path that limits the amount of carbon dioxide produced by power plants, says a new electric industry report. The Electric Power Research Institute (EPRI), a non-lobbying national research institute, reports that this is possible due to the expected closures of coal-based power plants in the next 15 years. By the year 2030, Michigan’s electric utilities have to cut emissions by almost 32 percent of their 2005 levels under the Environmental Protection Agency’s Clean Power Plan. The institute’s report explores two options to make that happen. The cheapest one is to limit the number of tons of carbon dioxide produced statewide each year, an option called the mass-based pathway, said David Young, project manager at the institute.