EPA Required to Develop Greenhouse Gas Emission Reporting Rules

On December 26, 2007, President George W. Bush signed into law the Consolidated Appropriations Act of 2008 (H.R. 2764). The Act includes a simple one paragraph directive to the United States Environmental Protection Agency (EPA) to publish a draft rule within nine months (by September 26, 2008), and a final rule within 18 months (by June 26, 2009), which would “require mandatory reporting of greenhouse gas emissions above appropriate thresholds in all sectors of the economy of the United States.”