ADA has been telling us this for a while,yet market still seems skittish of a possible Romney EPA.Delay wouldn't be a big problem for ADA as we've received virtually no equipment orders of significance to date and the more time they have to ramp manufacture/supply and integrate BCSI,the better(w/i reason).
A ticking clock
A new EPA rulemaking on shale gas methane as a greenhouse gas path could be lengthy. Meanwhile, the clock is ticking on EPA's crackdown on coal plant emissions. EPA's Mercury and Air Toxics Standards (MATS) rule gives coal plants until April 2015 to meet new air quality standards, with one extra year available if states provide the leeway and a fifth year for compliance if required to ensure the grid's reliability.
"How much stretch is there under MATS? That is a tough question," Stuntz said. "I believe a new administration could extend the deadline. There is a lot in the record that suggests difficulty in compliance."
A Romney EPA would have to seek supporting comments to back up reliability concerns, she said. "Depending on the answers, you could extend the deadline. I think a Romney administration would take a different look at the answers than this one."
Tezak and colleagues at ClearView commented this week that "regulatory actions aren't as flexible as campaign rhetoric might suggest." As a result, the real outcomes under either presidential scenario tend to differ more in terms of degree than direction.
"Presidents can't simply ignore finished rules -- they have to rewrite them," they said. While a Romney administration might be more lenient in enforcing MATS, undoing it would require a complete about-face of federal policy just as it is being litigated, "and federal courts frown on such actions," the firm said.
More compliance time would ease pressures on power companies to make pollution equipment retrofits and line up skilled engineers and technicians to do the work, with potentially significant cost savings as a result, according to the industry's Electric Power Research Institute.